For background, actuaries generally use mortality assumptions when determining the value of pension liabilities. Under the Code, specific rules must be followed with regard to the mortality ...
The Society of Actuaries (SOA) released first-of-its-kind public retirement plan mortality tables, Pub-2010, which includes the individual mortality experience for teachers (school teachers, college ...
Recently finalized morality tables produced by the Society of Actuaries will have only a marginal impact on most pensions' liabilities. Last Spring, SOA released an exposure draft of its Private ...
A retired participant in a Raytheon Co. defined benefit plan sued the company and plan executives, claiming that his post-retirement benefits have been shortchanged because the company used an ...
The first major settlement of a lawsuit challenging the mortality assumptions used to calculate pension plan benefits was announced earlier this year. According to court filings in Cruz v. Raytheon ...
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