Tag: actuarial assumptions

The lawsuit alleges that Pinnacle West, an electric utility, used outdated mortality tables, causing it to underestimate the present value...

The plaintiffs are seeking to remedy alleged failures by an IBM pension plan to pay joint and survivor annuity benefits...

Plaintiffs have refiled an ERISA lawsuit against UPS, more than a year and a half after their original complaint was...

The case has a complex procedural history that has seen rulings issued both in favor of the plaintiffs and in...

The complaint challenges the use of both allegedly outdated mortality tables and artificially high interest rate assumptions in the conversion of annuity types under multiple pension plans.

The proposed class of plaintiffs alleges Citgo is using mortality assumptions that are at least 50 years out of date...

The retirees’ main claim is that the plan’s use of mortality tables from 1971 and 1983 to convert default retirement benefits into the alternative benefits that they opted...

Allegations in the underlying lawsuit match those included in an emerging class of cases filed against large employers across the United States.

The defense has prevailed on technical grounds in a lawsuit that argues plan sponsors should be required to use fresh mortality and interest rate assumptions when converting between...

Several interim rulings have been handed down in the case, which asks some key questions about the meaning of the term ‘actuarial equivalence’ in the context of ERISA...

Club Vita teamed up with Mercer to develop a proprietary model, VitaCurves, that uses the nine-digit ZIP code to help defined benefit (DB) plan sponsors more accurately make...

An aggregate enhanced data set will be used by Mercer's consulting teams to provide more powerful insights to help with client decision making.

The complaint suggests MetLife is failing to meet its obligations to ensure different annuity options offered to pension plan participants are actuarially equivalent default benefit, as required under...