PBGC Releases 2024 Mortality Tables
The data inform potential withdrawal liabilities and benefit transfer amounts under ERISA.
Tag: mortality assumptions
Defendants in Outdated Mortality Table Suit Agree to Benefit Recalculations
The suit against fiduciaries of a Huntington Ingalls Industries pension plan has reached a settlement that includes a $2.8 million payment.
Judge Rejects Dismissal of ERISA Mortality Assumption Lawsuit
“The use of mortality data that is over 40 years old could, plausibly, be unreasonable,” the ruling states.
Rockwell Automation Must Face ERISA Challenge
Allegations in the lawsuit, which has now cleared Rockwell’s dismissal motion, echo those filed in other lawsuits challenging the actuarial assumptions used by pension plan sponsors to value...
SOA Mortality Scale Shows Lowered Pension Plan Obligations
The report also found a decline in future rates of mortality improvement.
Help DB Clients Stay Realistic About Mortality Assumptions
“It is important for actuaries for all types of pension plans, including those who work with multiemployer and public-sector plans, not to reverse expectations for mortality improvement in...