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Posted

We have taken over administration of a defined benefit plan for which the documents provide 411 actuarial equivalence using the 1983 Individual Annuity Mortality Female Table Projected to 2000 using Scale G.

Does anyone have access to that table, preferably the Lx values? Is it available on the internet anywhere? It doesn't seem to be one of the SOA tables.

Posted

Why not ask the prior administrator?

The 83IAM is on the SOA table manager. Table 823 is labeled "basic", while 829 does not say that - I don't know what the difference is or which one your document is trying to use. Typically, pensions do not use the standard individual annuity tables because there are loads included for conservatism for insurance company reserving. The basic table usually does not include these loads.

Scale G is also in the table manager, table 908.

It is pretty easy to project in a spreadsheet.

Posted

We have used the lx values from the SOA table manager but have not been able to duplicate the prior administrator's annuity rates.

Posted

If you need to see a discussion, see this TSA, article beginning on page 221.

http://www.soa.org:80/library/tsa/1990-95/...5/TSA95V479.pdf

Scale G can be found on page 227.

The SOA Table Manager is here: http://www.soa.org/tablemgr/tablemgr.asp

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

Posted

Thank you. We had already downloaded the table manager several months ago, but could not get the numbers to match.

  • 2 years later...
Posted

The SOA has redesigned their website. The new link for the Table Manager is

http://www.soa.org/ccm/content/areas-of-pr.../table-manager/

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

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