What mortality table is appropriate?

[Gary]

A Plan states that the lump sum is based on the factors published by the PBGC (this was pre GATT lump sum).

My question is what is the mortality table required? Table 1 of Sec 4044 is based on the GAM83 table for males. Table 3 is based on the UP84 table. Does anyone have any thoughts at to what table is more appropriate? I am requesting interpretations of the Plan provision. I do not care to discuss what the administrator actually does.

gary

[david rigby]

Well, precedent might be important.

My interpretation (of the phrasing you have given) would be to use the UP84 Table (that is, no setback or setforward, which is the same as 20% female weighting).

Of course, post-GATT this might still be the definition, with the GATT value serving as a minimum.