What Public Retirement Systems Need to Know Now About Changes to Actuarial Standard of Practice No. 4

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Pensions, Benefits & Investments Briefings

Nossaman LLP

10 episodes

3 months ago

Nossaman’s Pensions, Benefits & Investments Briefings podcast (formerly Public Pensions & Investments Briefings) explores the legal issues that impact governmental, private and non-profit pension systems and their boards in the United States. Episodes cover a wide variety of topics, from the changing investment climate to litigation impacting pension plans nationally, as well as emerging fiduciary, insurance, employment, benefits, tax compliance and intellectual property issues.

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What Public Retirement Systems Need to Know Now About Changes to Actuarial Standard of Practice No. 4

Pensions, Benefits & Investments Briefings

36 minutes

2 years ago

What Public Retirement Systems Need to Know Now About Changes to Actuarial Standard of Practice No. 4

On February 15, 2023, changes to Actuarial Standard of Practice (ASOP) No. 4 will be effective, and defined benefit plans will need to comply with these new rules in all actuarial funding valuations with measurement dates after the effective date. In the latest episode of Public Pensions & Investments Briefings, Ashley Dunning welcomes Graham Schmidt, an actuary with Cheiron, and Todd Tauzer, an actuary with Segal, who explain three significant changes arising from the new ASOP and discuss some of the implications of those changes.