b. the status of the plan (for example, whether the plan is assumed to continue to exist or be terminated);
c. the contingencies upon which benefits become payable, which may differ for ongoing-basis and termination-basis measurements;
d. the extent to which participants have satisfied relevant eligibility requirements for accrued or vested benefits and the extent to which future service or advancement in age may satisfy those requirements;
e. whether or the extent to which death, disability, or other ancillary benefits are accrued or vested;
f. whether the plan provisions regarding benefits earned provide an appropriate attribution pattern for the purpose of the measurement (for example, if the plan’s benefit accruals are significantly back-loaded, it may be appropriate to value accrued benefits with a less back-loaded attribution pattern); and
g. the impact of a special event (such as a plant shutdown or plan termination), when applicable. Examples of factors that may impact the measurement include the following:
2. the impact of the special event on participant behavior due to factors such as subsidized payment options;
3. expenses associated with a potential plan termination, including transaction costs to liquidate plan assets; and
4. changes in investment policy.
