Research Projects
Research Projects in Pension
Impact of Mortality Projection Scales on Defined Benefit Pension Plan Valuations
The Pension Section Research Committee is pleased to make available the following reports on
the impact of mortality table projection scales on defined benefit pension plan valuations. The study that led to
these reports was initiated to provide quantitative information illustrating the impact of reflecting mortality
improvement using a "Generational Approach" in actuarial valuations of defined benefit pension plans
versus traditional methods.
The full report was written by David Kays of ACUFF Associates. Accompanying the full report is
an introductory report authored by Marilyn Oliver, who chaired the Project Oversight Group for this effort. The
introductory report provides an overview on the work and summarizes the issues explored in the full report. It is
suggested that you review the introductory report first for an overall perspective on the extensive details found
in the full report.