Pension Committee News

ASB Adopts Two New ASOPs on Pension Risk and Principle-Based Reserves for Life Products

The ASB recently adopted ASOP No. 51, Assessment and Disclosure of Risk Associated with Measuring Pension Obligations and Determining Pension Plan Contributions, and ASOP No. 52, Principle-Based Reserves for Life Products under the NAIC Valuation Manual.ASOP No. 51 provides guidance to actuaries whe ...
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Pension Task Force Report Released; Pension Committee to Begin Drafting Modifications

The ASB has released the report of its Pension Task Force (PTF), which began work more than a year and a half ago to consider the standards implications of many proposals for change related to public pension plans.In December 2014, the PTF was formed to review input from interested stakeholders on ...
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