jkharvey Posted January 31, 2007 Posted January 31, 2007 Would anyone happen to have it or help me find it?
david rigby Posted January 31, 2007 Posted January 31, 2007 I never heard of that. It was not in the list of tables we studied 25+ years ago for (very old) Part 5 of the SOA exams. I'm suspicious about the year; very unlikely that a table was issued that year, but it could be referring to a later table based on someone born in 1900. Try: http://library.soa.org:8080/xtbml/jsp/index.jsp Also try a google search. 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.
jkharvey Posted January 31, 2007 Author Posted January 31, 2007 Thanks, I searched those tables and not there. I have tried to google it and nothing comes of it. It is the strangest thing. We have a target benefit plan (not written by us) that actually has this plan defined in the language as the table being used to calculate the benefit.
Larry M Posted January 31, 2007 Posted January 31, 2007 Try calling someone at Met Life. If has a vast library of tables.
SoCalActuary Posted January 31, 2007 Posted January 31, 2007 Does the target plan document actually show the APR factors? Can you do some reverse engineering on the table to find the underlying qx values? I suspect it was simply mis-labeled. But it might be helpful to ask the firm that created the document.
Guest DBtech Posted February 1, 2007 Posted February 1, 2007 Would anyone happen to have it or help me find it? Why not try Books.Google.com?
Guest Doug Goelz Posted February 2, 2007 Posted February 2, 2007 You can try this table that I encountered years ago. It was labled only as the Progressive Mortality Table. Attached are the male and female mortality rates for ages 15-110 (males listed first): PROGRESS.TXT
jkharvey Posted February 2, 2007 Author Posted February 2, 2007 I tried the factors in the download that Doug provided. These aren't producing the APR that I hve in the prior document. Does anyone know how i can convert these APRs into the factors I need to enter into the Relius admin annuity table?
SoCalActuary Posted February 2, 2007 Posted February 2, 2007 You might ask the actuary you use. Or you could post the table here and ask for help.
jkharvey Posted February 2, 2007 Author Posted February 2, 2007 Thanks. We have sent the APR table to the actuary. I was kind of hoping that this was a relatively simple computation...lol I'm sure the actuary will convince me other wise.
AndyH Posted February 2, 2007 Posted February 2, 2007 jk, if you have the APR in the document, why do you need anything else? Is the issue a difficulty creating a table in Relius based upon APR(s) that are in your document? How many APRs do you think are relevant to the calculations?
david rigby Posted February 2, 2007 Posted February 2, 2007 Just what is this APR being used for? Is this an ERISA plan? 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.
jkharvey Posted February 3, 2007 Author Posted February 3, 2007 The issue is getting this information set up in Relius as a new annuity table. The entry for a new table requires the factors and not just the APR (unless I'm missing something). This is a Target Benefit Plan and this Annuity table is used to compute the target benefit. I think I can manually make the computations now that I have the APR, but I would really rather avoid that. I think there is just too much chance for error.
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