Tag Archives: Actuarial Standards of Practice

New ASOP 6 implications for OPEB reporting

A revised version of Actuarial Standard of Practice No. 6 (ASOP 6) is effective for any plan with a measurement date on or after March 31, 2015. The new ASOP 6 requires that actuaries value the “true cost” of providing health benefits. Milliman actuary Markella Roma provides some perspective in this PERiScope article.