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Froogle 1.1.1.7
Froogled By:
Elias Makere, FSA, MAAA
Last Froogled:

ASOP 2 | §3.1 | COMMENT ON SECTION 3.1

Section 3.1, NGE Framework
CommentResponse
Two commentators suggested the difference between the determination policy and the NGE framework is unclear and suggested incorporating the concept of the NGE framework into the determination policy.The reviewers disagree with the suggestion to incorporate the concept of the NGE framework into the determination policy but clarified the language in sections 2.5 and 3.1.
One commentator suggested deleting the examples and moving them to the definition of NGE framework, because it is unclear whether the list is intended to be a documentation requirement.The reviewers disagree with moving the examples and refer the commentator to sections 3.10 and 4.1(a) with respect to documentation and disclosure.
Section 3.1(e) (now section 3.1[d])
CommentResponse
One commentator suggested deleting 3.1(e), methodology for allocating income and costs.The reviewers clarified the language.
Section 3.1(g) (now section 3.1[f])
CommentResponse
ResponseThe reviewers changed “distribution strategy” to “distribution channels” (now 3.1[f]).
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