Feel free to add any comments.

What do you mean by "use 2007 rules"? Does that mean do a 12/31/07 FTAP and call it 1/1/2008?

For 2007 you were allowed to use the 12/31/06 information to determine the AFTAP for 2007. By "use the 2007 rules" I mean using the 12/31/2007 information in a similar manner to determine the 2008 AFTAP.

Now go take the poll one and all.

Think the extension of the 2007 approach (use the 12/31/20xx-1 numbers for 1/1/20xx certification) is the only logical outcome. I don't care who you are or how clever you can be, it will be very difficult to certify a plan year by 10/1/20xx when your valuation date is 12/31/20xx.

119 views and only 11 votes? Come on people!

All of our DB plans were BOY vals to begin with and we switch to BOY for any EOYs that we take over. OY!

We seem to have all BOY vals, so I didn't vote. I'd probably do a 12/31/07 AFTAP if I had EOY's.

While I might not listen to a fish, I think an assortment of dolphins, whales and orcas would do a better job than 535 members of Congress did with PPA.

Many viewers, but few actuaries. Do note that this same poll was already done in the COPA site.

And now we have this.

http://www.irs.gov/pub/irs-tege/se0908.pdf

I don't like the material change caveat, especially in this market.

During the COPA conference call, this was mentioned. Apparently, COPA members used ASPPA resources to get to Tom Reeder (sp?) at Treasury. Better late than never.

Can you share the results from the COPA site?

Off the top of my head, I think most were using 12/31/07 CL, some with adjustment.

Since the poll was conducted before the most recent "guidance", all bets are off.

Of the COPA members who responded, about 75% were planning on using 12/31/07 results to do 1/1/08 AFTAP.

The poll was obviously done before the recent newsletter from the IRS.

And we are at about 75% too (actuarial approximation). I am closing the poll. I care no longer.