5/2008
(download .pdf)
This research memorandum summarizes guidance provided in IRS Notice 2008-30 related to changes in retirement plan distribution rules enacted by the 2006 Pension Protection Act and effective in 2008. The memorandum focuses on changes applicable to governmental retirement plans.
1/2008
(download .pdf)
This article discusses actuarial audits as a due diligence tool for plan trustees. With the increased focus on public plans there is a heightened awareness for due diligence on the part of trustees in performing their fiduciary duties. The audit's main purpose is to verify that the actuarial work is accurate and the advice given is sound.