Source: http://asppa-net.org/News/Browse-Topics/ACOPA-Monthly/pfcatid/446/currentpage/8
Timestamp: 2018-08-16 10:35:06
Document Index: 795115871

Matched Legal Cases: ['art 2', 'art 1', 'art 1', '§430', 'art 1', '§430']

By Norman Levinrad • 1/15/2016 • 0 Comments
Hi there and Happy New Year. I woke up this morning hoping I’d won the $1.5 billion Powerball, but unfortunately I hadn’t — apparently three other people will instead share my winnings. READ MORE
Ethics Discussion: When to Quit?
By David Lipkin • 1/15/2016 • 0 Comments
It seems that at many of the ethics roundtable discussions at ASPPA and ACOPA conferences, the question of abandoning a client shortly before a due date (such as 10/14) comes up. Most people regard this as both (a) undesirable and (b) a possible violation of the ethics codes. READ MORE
Suspension of Benefits (Part 2)
By Osmundo Bernabe, Glenn Soderstrom • 1/15/2016 • 0 Comments
As previously indicated in Part 1 of this article, the suspension of benefits process can be very complicated. A phrase we often hear, “It depends on the specific set of facts and circumstances,” is very much applicable in applying the suspension of benefits rules. READ MORE
Coping With the Changes to ASOP 35
By William Karbon • 1/14/2016 • 0 Comments
As we ring in the new year, we also enter that time of year when we focus on providing actuarial services to clients with calendar plan/fiscal years. In preparing for these calendar year clients, the actuary needs to be aware of the revised principles that are now imposed by the Actuarial Standard of Practice (ASOP) No. 35, Selection of Demographic and Other Noneconomic Assumptions for Measuring Pension Obligations. READ MORE
By Freeman Levinrad • 1/14/2016 • 0 Comments
The Internal Revenue Service (IRS) has announced the end of the determination letter program as we know it. Beginning Jan. 1, 2017, the IRS will no longer accept determination letter applications based on the 5-year remedial amendment cycle (see IRS Announcement 2015-19). READ MORE
By Judy Miller • 1/14/2016 • 0 Comments
Another year in the rear view mirror. My mother always told me that time goes by more quickly as you get older, and she was definitely right about that. Before looking ahead, I’d like to thank the dozens of ACOPA members who made last year a very productive one for us. READ MORE
By Karen Smith • 1/14/2016 • 0 Comments
In December 2015, Judy Miller, Kurt Piper, Lynn Young and I went to Scottsdale, Ariz. to attend several actuarial inter-societal meetings. READ MORE
By Norman Levinrad • 12/14/2015 • 0 Comments
Wow, here we are again with year end just two weeks away and knee deep in new plan proposals and set ups! Like every other year, 2015 just blew by in a blur of work. READ MORE
Suspension of Benefits (Part 1)
By Osmundo Bernabe • 12/14/2015 • 0 Comments
What is “Suspension of Benefits”? The purpose of this post is to provide an overview of the rules as they apply to the suspension of benefits and to the adjustment of benefits not received during the suspension period as it relates to defined benefit plans.
By James E. Holland • 12/14/2015 • 0 Comments
In September 2015, more than seven years after issuing proposed rules, the IRS issued final rules under IRC §430. This article will describe the changes and additions made by the final rules. READ MORE
By Karen Smith • 12/14/2015 • 0 Comments
The week of Jan. 18, 2016, ACOPA members will have the opportunity to vote to approve the proposed amended Joint Discipline Council Agreement. You will be receiving an email with our formal communication of the materials. I wanted to take a few minutes to provide some additional information in a less formal tone. READ MORE
By Judy Miller • 12/14/2015 • 0 Comments
One of ACOPA’s responsibilities is to present the views of our membership to regulators and other relevant bodies. Last month I wrote about legislative proposals, and the success we (ASPPA/ACOPA, and now ARA) have had getting Congress to take our proposals seriously. READ MORE
By Norman Levinrad • 11/12/2015 • 0 Comments
Wow, the days sure roll by fast from one content submission deadline to another! Here we are in mid-November, with year-end soon upon us. READ MORE
The Wait Is Over — Final Section 430 Regulations Issued at Last (Part 1)
By James E. Holland • 11/12/2015 • 0 Comments
In September, more than seven years after issuing proposed rules, the IRS issued final rules under IRC §430. This article will describe the changes and additions made by the final rules. READ MORE
Expect to Accrue… What’s the Expectation?
By James Turpin • 11/12/2015 • 0 Comments
Assume you are the enrolled actuary for a traditional calendar year defined benefit plan sponsored by a small employer. The owner of the business generates about 90% of the firm’s revenue and his benefit from the plan represents about 95% of the total benefit liabilities for the plan. READ MORE
How About Doing Something Good for the System?
By Judy Miller • 11/12/2015 • 0 Comments
I am tempted to rail against PBGC premium increases (again) today, but unfortunately it does no good. So, let me talk about something positive: proposals to make it easier for defined benefit plans. READ MORE
By Karen Smith • 11/12/2015 • 0 Comments
We wanted to provide an update on a couple of ACOPA projects. READ MORE
By Norman Levinrad • 10/13/2015 • 0 Comments
In preparing for this October edition I learned how hard it is to get people to write articles with an October 15 deadline… for the life of me I don’t understand why that’s the case! READ MORE
Managing the ASC 715 Process
By Glenn Soderstrom • 10/13/2015 • 0 Comments
As pension actuaries, among the challenges we face for our larger clients is providing the needed information for compliance with Accounting Standards Codification Section 715 (“ASC 715”) – formerly known as Statement of Financial Accounting Standards Nos. 87/88/158. READ MORE
By Kurt Piper • 10/13/2015 • 0 Comments
The first big problem in being on the losing or (alleged) winning side of a takeover plan is money. Sometimes the client owes the prior actuary money and doesn’t intend to pay and yet still needs information or documents from the prior actuary. READ MORE