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Moody's Says Use of Older IRS Mortality Tables May Save DB Plan Sponsors $18 Billion Next Year
Pensions & Investments 
Sept. 2, 2015 "The IRS announced July 31 it will use its current assumptions until 2017 while officials study the SOA tables.... Based on a combined benefit obligation of $2.1 trillion, Moody's analysts calculated that the new tables would cause those obligations to increase 6%, or $126 billion, under new mortality assumptions. 'Allocating $126 billion over seven years results in $18 billion of contributions deferred until 2017,' wrote Moody's analysts[.]" MORE >> |
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