The revised ASOP 4 requires new disclosures and provides additional guidance that may impact pension funding valuation reports going forward. Our speakers discuss key items including:
- A new measure of pension liabilities called low-default-risk obligation measure
- Inclusion of a reasonable actuarially determined contribution, including new guidance on amortization methods
- The implications of the contribution allocation procedure
- Performing an actuarial gain and loss analysis
- Expanded guidance on output smoothing methods