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Society of Actuaries Issues Updated Mortality Improvement Scale
Schneider Downs
Oct. 29, 2015 "The impact of adopting the MP-2015 scale on pension and postretirement welfare benefit obligations is expected to be approximately 2% less than obligations measured using the RP-2014 tables. However, for plan sponsors that developed their own individualized mortality tables, based upon their specific mortality experience, the MP-2015 scales will further support their assumption and adjustment to the respective benefit obligation." MORE >> |
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