Comments on Proposed Revisions to ASOP No. 4

The Pension Committee submitted a comment letter [1] to the Actuarial Standards Board responding to an exposure draft and suggesting modifications to proposed revisions of ASOP No. 4, Measuring Pension Obligations and Determining Pension Plan Costs or Contributions.  The Pension Finance Task Force also submitted a letter [2] to the ASB responding to the exposure draft, as did the Joint Committee on Retiree Health whose letter [3] focused on the interaction with retiree group benefits practice.