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Pension Plan Liabilities to Decrease with Updated Mortality Scale
Findley
Nov. 1, 2018 "Mortality rates are continuing to improve, but at a much slower rate than previously observed.... [T]he age-adjusted mortality improvement rate averaged just 0.5% per year from 2009 to 2016, compared to a 1.6% per year improvement from 2000 to 2009. It remains to be seen whether this slower pace of mortality improvement is a short-term trend or if it indicates a more fundamental shift in long-term U.S. mortality patterns." MORE >> |
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