Description: 1993 SOA Annual Meeting, New York. This session is about status of new mortality table developments in the pension arena, impact of new mortality tables on annuity valuations, and the effect of new mortality tables on defined-benefit plan minimum funding and pension expensing.

Description: This presentation, session number 100PD, took place at the 1999 Spring Meeting of the Society of Actuaries, held June 16-18 in Seattle. “The actuarial profession is coming under increasing pressure, both internally and externally, to release more pension-related standards. The Pension Committee of the Actuarial Standards Board has responded and is in the process of completing up to four new standards by the end of 1999.” The panelists discuss the recently released Domestic Relations Standards second specific draft and the Demographic Assumptions Standard. Ongoing concerns are reviewed, such as how to write a standard that is not overly restrictive or does not target the appropriate audience. Discussion from participants is included. From the Record of the Society of Actuaries, Vol. 25, No. 2.

Description: This article describes the development of the uninsured pensioner, UP-94 Mortality Table, including a comparison with other tables and description of projection methodologies using Projection Scale AA.