Mortality Improvement Scale MP-2014 Exposure Draft
Experience Studies – Pension
The Society of Actuaries' Retirement Plans Experience Committee (RPEC) has released an exposure draft of the Mortality Improvement Scale MP-2014. This report, along with its companion document, the Society of Actuaries’ (SOA’s) RP-2014 Mortality Tables Report (see Related Links), establishes a new basis for mortality assumptions for retirement programs in the United States. These two reports represent the culmination of a comprehensive study of uninsured retirement plan mortality experience begun by the RPEC in late 2009. For pension-related purposes, the mortality projection scale presented in this report, denoted MP-2014, replaces both Scale AA, which was released in 1995, and the interim Scale BB, which was released in 2012.
The mortality improvement rates referred to in Appendix A of the exposure draft have also been provided in a spreadsheet.
The SOA solicits comments on this exposure draft. Comments should be sent to Erika Schulty, at email@example.com by May 31, 2014. Please include “MP-2014 Comments” in the subject line.
Note - Errata (updated as of March 7, 2014) to the MP-2014 Exposure Draft can be found under the Related Links section on the right side of this page.
Questions Or Comments?
If you have comments or questions, please send an email to firstname.lastname@example.org.