Tag: DB plan actuarial valuations

The Society of Actuaries (SOA) proposed mortality tables include mortality data from both single-employer and multiemployer defined benefit (DB) plans.

ASOP 51 requires actuaries performing valuations for defined benefit plans to identify risks that, in the actuary’s professional judgment, may reasonably be anticipated to significantly affect the plan’s future financial condition, and Eric Keener, with Aon, says this may help plan sponsors avoid adverse actions.