My plan's valuation date is Jauary 1, and they are subject to Deficit Reduction Contribution. I have a question on the treatment of the change in liab due to the application of the new mort table for Current Liab purposes.
I was told that the change in liab (an increae) due to the application of the new mort table for Current Liab purposes will flow into the additional unfunded old liab (which is part of the unfunded old liability) in the DRC calc. And additional unfunded old liab amount = additional unfunded old liab / 10 year annuity factor at 5.78% (high end of the interest rate corridor). Am I correct? And if not, what would be the correct approach in recognizing this change in liab due to the application of the new mort table?