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

ASOP 4 | §2.22 | PRESCRIBED ASSUMPTION OR METHOD SET BY ANOTHER PARTY

A specific assumption or method that is selected by another party, to the extent that law, regulation, or accounting standards gives the other party responsibility for selecting such an assumption or method. For this purpose, an assumption or method set by a governmental entity for a plan that such governmental entity or a political subdivision of that entity directly or indirectly sponsors is deemed to be a prescribed assumption or method set by another party.
Congratulations! You're now Froogled Up™ on Section 2.22 from ASOP 4!

Feel free to use it throughout your financial/insurance life.

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