June 23, 2016
Competency (Learn more)
Since the rollout of new pension mortality tables in Canada and the U.S., there has been more attention paid to mortality assumptions for pension plans. With the increased attention on mortality assumptions, there is also an increasing awareness of the variability of mortality within different demographic groups and/or plan populations resulting in a desire for more customized assumptions. This has led to a renewed interest in credibility theory as a means for adjusting standard industry tables to better fit specific pension plan populations.
Presenters on this webcast will provide a primer on credibility theory and discuss the application of credibility theory in the context of setting mortality assumptions for pension plans. They will also share resources available for further education and background. At the conclusion of this webcast, attendees will be able to explain basic credibility theory, describe different credibility approaches and apply credibility theory in setting pension assumptions.
This webcast recording is recommended to meet Enrolled Actuary continuing education requirements. While the sponsors of this program recommends this topic to satisfy 1.80 EA Core Continuing Education credit for Enrolled Actuaries, the final decision as to meeting this requirement rests with the Joint Board for the Enrollment of Actuaries.
Note: The recording available for purchase is intended for individual viewing. Only one EA credit certificate will be issued per recording purchase.