BenefitsLink Message Boards > Confirmation of purchase rate for projected mortality table

Full Version: Confirmation of purchase rate for projected mortality table

BenefitsLink Message Boards > Retirement Plans > Defined Benefit Plans, Including Cash Balance

SRM

Jun 7 2004, 03:08 PM

Can anyone confirm the following annuity purchase rate?

5% interest
1983 Individual Annuity Mortality (Male) Projected to 2000 with Scale G

At Age 62 = 155.9645 (monthly)

Any response would be appreciated.

Doug Goelz

Jun 8 2004, 07:05 PM

Assuming you are simply projecting the underlying qx's 17 years with Scale G for Males, I get 155.9643 -- close enough in my book!

This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.