Mortality Table Assumption

[waid10]

My employer has a nonqualified deferred comp plan for executives that utilizes the 1983 Group Annuity Mortality Table (83 GAM). My question is the following: Does ERISA or some other regulation require that the Plan be amended to use the 1994 Group Annuity Reserving Table (94 GAR)? Or is it up to the employer if it wants to change from using the 83 GAM to the 94 GAR?

[AndyH]

No, not for a non qualified plan. Anything could be used (provided that it is stated in the document). It could be changed, but wouldn't that raise the possibility of contractual issues?

[david rigby]

Duplicate postings.

http://benefitslink.com/boards/index.php?showtopic=33039