Mortality table

[Gary]

does anyone know how to obtain or how to derive a 83 Group Annuity Mortallity table projected with Scale H to 1988? And can anyone explain what this table means?

[david rigby]

As most actuaries know, the 1983 Group Annuity Mortality Table was published by the Society of Actuaries in the 1983 Transactions (Volume XXXV).

The article is recommended reading, so that the user can understand:

1. the source of the data, and

2. that the table was originally intended to be an interim table.

Accordingly, the authors of the study/article/table decided to create Projection Scale H (see Tables 19 and 20 for separate male and female versions of Scale H).

The purpose of the scale (or any projection scale) is to use a quantitative method for estimating future mortality improvement. The data underlying the 1983 GAM is now relatively old (more than 20 years). Thus, there is a recognition that the rates of mortality in the table are outdated (possibly outdated at the time the table was published, editorial comment). The use of Scale H was proposed to allow actuaries to project this mortality improvement on a consistent basis.

If you need more info, please respond.

P.S. I went to the SOA website but did not see the table. You might try it yourself: soa.org

[This message has been edited by pax (edited 02-25-99).]

[Gary]

Thanks for your response PAX. I would like more info on this. I will go to SOA.org as well. I am interested in obtaining the table as a minimum, but would also like to see the article. I do not have the that volume of the transactions.