Individual Life Insurance Mortality Improvement Scale Methodology Recommendation – for Use with AG-38 and VM-20 - 2020
The Mortality Improvement subgroup of the American Academy of Actuaries’ Life Experience Committee and the Society of Actuaries’ Preferred Mortality Oversight Group Valuation Basic Table Team has released a recommendation for the methodology to use to develop the set of improvement factors to be used in conjunction with the 2008 Valuation Basic table or the 2015 Valuation Basic table for AG-38 purposes for year-end 2020. Under ‘Materials’, find the presentation that describes the proposed methodology for year-end 2020.
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