For funding purposes, some of the valuation results for the disappearing plan in a merger may affect the minimum funding calculations. As long as the other actuary is preparing the Schedule SB for the final (possibly short) plan year for the disappearing plan, the actuary for the ongoing plan should be permitted to rely on those results to the extent necessary to follow the rules described above without having to do a separate calculation. We would be happy to discuss any of these items with you at your convenience. Please contact Jessica M. Thomas, the Academy’s senior pension policy analyst (202-785-7868, thomas@actuary.org) if you have any questions or would like to discuss these items further. Sincerely,
John H. Moore, FSA, MAAA, EA, FCA Chairperson, Pension Committee American Academy of Actuaries
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