ASPPA College of Pension Actuaries

All credentialed actuarial members of ASPPA are members of the ASPPA College of Pension Actuaries (ACOPA).  ACOPA is responsible for identifying and addressing the professional development needs of the actuarial membership of ASPPA, including maintaining the actuaries-only list serve, and offering conferences focused primarily on the needs of actuarial members. ACOPA members serve as representatives on other ASPPA committees and subcommittees to enhance the actuarial content of ASPPA’s current programs and to provide an actuarial perspective to ASPPA’s future planning. ACOPA has primary responsibility for the content of comment letters that involve actuarial issues, accomplished through appointing members of the Defined Benefit Subcommittee of ASPPA’s Government Affairs Committee, and preparing formal comments, position papers, or other relevant pronouncements that involve regulating authorities outside of Treasury, IRS, DOL, PBGC or SEC (such as FASB).  ACOPA recommends ASPPA and ACOPA representatives to various intersocietal groups, and oversees the activities of the various intersocietal committees in which ASPPA has representation.

On July 30, 2010, IRS issued Notices 2010-55 and 2010-56 regarding guidance on funding relief for single-employer and multiemployer plans under the Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010. [Notice 2010-55]
[Notice 2010-56]

On June 25, 2010, the President signed into law HR 3962, which included single and multiemployer funding relief. [HR 3692]

On June 16, 2010, PBGC issued Technical Update 10-2, which provides relief to a plan that intended to elect to use the Alternative Premium Funding Target and checked “Alternative” in line 7d(1), but did not check Box 5 on the comprehensive premium filing for the applicable plan year. [Technical Update 10-2