207 - Impact of ASOP 4: Changes on Public Plans
After three Exposure Drafts, in February 2022 the ASB released a substantially revised ASOP 4, including a (marketed?) disclosure of a market return based liability measure. Other new requirements include enhanced assessments of a plan's funding policy, and disclosure of an actuarially determined contribution by all pension plans. These new disclosures are particularly revolutionary for public pension plans. This session will explore possible consequences and strategies for meeting these new requirements.
Speakers:

Michael S. Clark
River and Mercantile

Derek N. Guyton

Edward M. Pudlowski
MorningStar Actuarial Consulting, LLC

James L. Jones - EY

Tasha Eurich