Description: From a panel discussion session at the 2002 Valuation Actuary Symposium, held in Lake Buena Vista, Florida, September 19–20, 2002 Panelists discuss the several issues regarding the 2001 CSO table. Attendees explored the implications for statutory reserving in general, implications for reserving under Regulation XXX, implications for the tax definition of life insurance, and other broad strategic issues. The timeframe and adoption mechanics for statutory reserving, tax reserving, and Section 7702 were also discussed.