Subscribe Now!
Free Daily News, Jobs, Webcasts, Discussions
Display and Distribute
Your Job Openings
COVID-19 News
COVID-19 Webcasts

Featured Jobs

Administration Assistant

Southern Pension Services
(Tampa FL)

Southern Pension Services logo

Legal Director

Pension Rights Center
(Telecommute / Washington DC)

Pension Rights Center logo

Administration Manager

Southern Pension Services
(Telecommute / Tampa FL)

Southern Pension Services logo

DB/DC Plan Consultant

Small NY Actuarial TPA Firm
(Telecommute / CT / NJ / NY)

Plan Consultant

Advanced Plan Designs, LLC
(Telecommute / Springfield MO)

Advanced Plan Designs, LLC logo

Defined Contribution Plan Administrator

Pension Investors Corp of Orlando Inc
(Altamonte Springs FL)

Pension Investors Corp of Orlando Inc logo

Retirement Plan Administrator

Howard Simon & Associates
(Deerfield IL)

Howard Simon & Associates logo

Retirement Plan Consultant

Definiti
(Telecommute / Dallas TX / University Place WA / The Woodlands TX)

Definiti logo

Manager/Supervisor of Benefits and Payroll Compensation

Virginia Farm Bureau
(Richmond VA)

Virginia Farm Bureau logo

Retirement Plan Administrator

Carpenter Morse Group
(Telecommute / Longwood FL)

Carpenter Morse Group logo

Retirement Plan Administrator

Prime Benefits
(Telecommute / Baltimore MD)

Prime Benefits logo

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

By Date   |   By Company Name


View More Press Releases by Bolton

Press release:

Bolton to Offer Club Vita Longevity Modeling Service to Plan Sponsors

Issued by: Bolton

Date: Feb. 9, 2021

On February 9, 2021, Bolton and Club Vita announced our new collaboration agreement to expand the reach of Club Vita’s longevity analytics to the defined benefit pension community. Our arrangement with Club Vita enables Bolton’s actuaries and consultants to offer our clients an alternative to traditional mortality tables that considers lifestyle differences (as measured by geographic location) instead of demographic differences associated with job classification or income levels.

Longevity is one of the most significant drivers of pension liabilities, and appropriately measuring longevity risk is a critical aspect of ensuring plan sponsors are empowered to make informed decisions. For plans that are not large enough to develop their own fully credible mortality tables, having access to the type of longevity analytics that Club Vita provides enables plan sponsors to measure plan liabilities and future benefit payment cash flows using assumptions that directly take into account their unique demographics. These liabilities measures and cash flow projections inform decisions about investment and contribution policy, plan administration, and pension risk transfer.

“Our partnership with Club Vita shows Bolton’s commitment to providing our clients with innovative solutions and access to the latest trends to assist them in effectively managing their defined benefit programs,” says Jim Ritchie, President of Bolton Retirement.

Club Vita is also deeply engaged in researching and analyzing the impact of COVID-19 on longevity, which will provide Bolton’s consultants with valuable insights as we work with our clients to determine how the pandemic and its lingering effects will impact life expectancies and their plans’ benefit obligations. Ellen Kleinstuber, Bolton’s Chief Actuary, will support Club Vita’s COVID research efforts as a member of the Club Vita Research Advisory Panel.

Ms. Kleinstuber notes “We look forward to working alongside Club Vita to bring these new perspectives regarding longevity to the pension plan market. Our relationship with Club Vita illustrates Bolton’s core values of innovation, teamwork, and a commitment to technical excellence.”

View More Press Releases by Bolton


This is a press release issued by the company named above. BenefitsLink is not the author. Use of any information obtained from this release is voluntary, and reliance on it should only be undertaken after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.

© 2021 BenefitsLink.com, Inc.