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 ...
It may make for grim reading, but the American Institute of CPAs has just issued guidance on new mortality tables from an actuarial group. The AICPA’s document discusses in Q&A format how and when ...
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 ...
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 ...
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 ...
A state insurance regulator task force adopted mortality tables Thursday reflecting COVID-19 pandemic mortality loss over the next decade. The Life Actuarial Task Force adopted recommendations put ...
New mortality tables for public-sector pension plans could be coming, following an exposure draft released for public comment Tuesday by the Society of Actuaries. The SOA has updated mortality tables ...
The new year brought the culmination of a long, technical, behind-the-scenes effort to update insurers' reserving processes and mortality tables. On Jan. 1, the 2017 Principle-Based Reserving and ...
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