M & K Employee Solutions, Inc. v. Trustees of IAM Nat. Pension · ¶37

In this case, for example, the Fund's actuary adopted assumptions for purposes of its 2016 Plan Year annual valuation. The Fund then adopted new actuarial assumptions for purposes of calculating withdrawal liability for employers who withdrew in 2018, and later for its 2017 Plan Year annual valuation. As this case illustrates, actuarial assumptions are adopted for the purpose of a particular calculation or measurement; they are not generally “in effect” in the way that petitioners urge.

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