Screen MB-1 - Multiemployer Actuarial General, Cost, Assumptions (5500)

General Information

If the plan is in endangered, seriously endangered, or critical status, enter the details to support the actuarial certification of status in the statement dialog.
Enter the information to show the comparison between the current and scheduled status of rehabilitation or improvement.
If you entered
C
in the
Plan status
field, enter the amount of liability reduced resulting from the reduction in adjustable benefits as of the valuation date.

Actuarial Cost Method for Standard Account Computations

If you selected code
I
(Other) in the statement dialog for the
Actuarial cost method
field, use this field to describe the actuarial cost method used.
If you selected code
H
(Shortfall) in the statement dialog for the
Actuarial cost method
field, enter the calendar year (in YY format) which includes the first day of the plan year in which the shortfall method was first used.
If this is a plan in reorganization, enter the basis for making the determination that the plan is in reorganization.
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