Funding proposals and (in Version 5.0) actuarial statements under the Pensions Act

Code
ASP PEN-4
Former Code
GN3A(ROI)
Classification
Mandatory
Legislation or Authority
The Pensions Act 1990 together with Regulations issued from time to time under the Act. Guidelines and pro-forma Certificates as issued by the Pensions Board from time to time.
Application
Any Scheme Actuary responsible for: (a) certifying that a Funding Proposal being submitted to the Pensions Board meets the requirements set out in the Act, (b) certifying the reasons for failure of a scheme to meet the Funding Standard under section 49(3) of the Act, or (c) preparing a scheme annual report under section 55(4) of the Act.