Apparently, in an argument against the use of sex-based premiums, the state of Maryland's actuary argued:

"We cannot conclude from data showing that women as a group live on average longer than men as a group that any individual woman lives longer than a man of the same age^*."

An extrapolation of this argument would suggest that using any mortality table for any individual actuarial calculation has no basis. Certainly, because a mortality table shows a 1% mortality rate at age 65 does not mean a particular individual has a 1% chance of croaking.


^*p 249, True Odds, James Walsh, Merritt Publishing, 1996.

A pretty horrible quote from an actuary.
Perhaps that actuary has forgotten that no matter what social manipulation you push, it won't change the reality of longevity.

Sounds like someone didn't wish to risk the mortality of his or her job (pun intended).