Froogled By:: Elias Makere, FSA, MAAA
Last Froogled:: 8/27/2025

ASOP 3 | §3.10 | EQUITY OR COOPERATIVE CCRCS OR AT HOME PROGRAMS

When performing actuarial services with respect to equity or cooperative CCRCs or At Home Programs, the actuary should determine the nature and financial implications of any contractual resident or member ownership arrangement, including advance fee payments and refunds due to refund guarantees, and the value of assets invested in the physical property and the replacement costs of these fixed assets.

ASOP 3 | Commentary Section 3.10 | COMMENT ON SECTION 3.10

Section 3.10, Equity or Cooperative CCRCs or At Home Programs
Comment	Response
One commentator believes the ownership structure of the organization is not material to the actuarial valuation.	The reviewers disagree and made no change in response to this comment.

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ASOP 3 | §3.10 | EQUITY OR COOPERATIVE CCRCS OR AT HOME PROGRAMS

ASOP 3 | Commentary Section 3.10 | COMMENT ON SECTION 3.10

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