For background, actuaries generally use mortality assumptions when determining the value of pension liabilities. Under the Code, specific rules must be followed with regard to the mortality ...
The Pension Benefit Guaranty Corporation updated its 4044 and 4050 mortality tables for 2024. The tables are named after the sections of the Employee Retirement Income Security Act to which they apply ...
Several life insurers cited mortality improvements in the fourth quarter for helping to improve life insurance earnings at the end of 2023. At Globe Life, for example, positive mortality and ...
Generally, a defined benefit plan provides an accrued benefit commencing at a participant’s Normal Retirement Date that pays a flat benefit over the lifetime of the participant. If a plan provides for ...
Barnett Waddingham has partnered with Callund Consulting to develop the first mortality and morbidity tables tailored specifically to Nigeria’s insurance ...
The Department of Labor has backed an appeal by IBM retirees to reopen a lawsuit alleging the company used outdated mortality tables to determine the value of pension benefits. The Department of Labor ...
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