Comments on Proposed Revisions to ASOP No. 27

The Pension Committee submitted a comment letter to the Actuarial Standards Board responding to an exposure draft of ASOP No. 27, Selection of Economic Assumptions for Measuring Pension Obligations.  The letter addressed several provisions of the exposure draft, including scope, selection of reasonable assumptions, investment return assumptions, and measurement-specific conditions.  The Joint Committee on Retiree Health also submitted a letter, focusing on the interaction of the ASOP to retiree group benefits practice.