| Comment | Response |
|---|---|
| One commentator felt section 3.14 should state that the actuary should “consider” the items listed, not that the actuary should necessarily “take them into account,” as some of them may not be necessary or appropriate to take into account. | The reviewers note that the guidance in section 3.14 states, “the actuary should take into account factors including, but not limited to, the following, if applicable.” Therefore, the reviewers made no change. |
| One commentator suggested requiring that a reasonable actuarially determined contribution use an amortization method that is designed to fully amortize the unfunded actuarial liability. | The reviewers believe the guidance is appropriate and made no change. |
- Froogled By:
- Elias Makere, FSA, MAAA
- Last Froogled:
ASOP 4 | Commentary Section 3.14 | COMMENT ON SECTION 3.14
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