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Multiemployer Pension Plan Mortality Study (PDF)
Segal Consulting 
June 5, 2015 "[M]ultiemployer plan liabilities and costs are likely to be lower than what would be expected using the recently released Society of Actuaries (SOA) RP-2014 Blue Collar Mortality Tables.... [M]ost industries experienced more deaths than anticipated by the RP-2014 Blue Collar tables. For example, with a ratio of 1.15, iron workers experienced 15 percent more deaths than predicted by the RP-2014 Blue Collar tables. One possible explanation is that the data used by the SOA to create the Blue Collar tables is based largely on information from single-employer plans in a limited set of blue-collar industries and includes virtually no input from multiemployer plans." MORE >> |
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