I have generally thought of the AFTAP as a "cash basis" calculation. Current liabilities vs. current assets.

We have a sponsor that failed to make their 2007 required minimum contribution, due 9/15/2008. The plan now has an unpaid minimum required contribution (prior accumulated funding deficiency). Sponsor has no intention of making the contribution.

Does this effect the current AFTAP certification?

Any input is appreciated.

Using Congressional logic maybe you can add back in the deficiency since you are forced to subtract credit balances!

If they have no intention of making the contribution, I would assume the Plan has much more serious things to worry about rather than the AFTAP calculation.

If needed, I would probably do the current AFTAP based on the assets in the Plan and add some footnotes to the certification about the deficiency (assuming you are still being paid).