AFTAP

AcronymDefinition
AFTAPAdjusted Funding Target Attainment Percentage (Protection Act of 2006)
AFTAPAlternative Financing Technical Assistance Project
References in periodicals archive ?
A plan sponsor that makes this election can do so for all purposes or solely for determining the plan's AFTAP for 2012.
Suspension of funding-based limitations: The act provides that for purposes of applying the limits on benefit accruals (and the limits on accelerated benefit distributions as they apply to payments under a Social Security leveling option) in plan years beginning after October 1, 2008, and before October 1, 2010, a plan's adjusted funding target attainment percentage (AFTAP) is as it otherwise would be determined for that year or, if greater, the AFTAP for the plan year beginning after October 1, 2007, and before October 1,2008.