Individual Life Insurance Mortality Improvement Scale – for Use with AG38/VM20 – 2025
September 2025
Author
Mortality Improvement Life Working Group of the Society of Actuaries Research Institute’s Mortality and Longevity Oversight Advisory Council
Description
The Mortality Improvement Life Working Group of the SOA Research Institute’s Mortality and Longevity Oversight Advisory Council released a recommendation for a set of improvement factors that vary by gender and attained age to be used in conjunction with the 2008 Valuation Basic table or the 2015 Valuation Basic table for AG-38 purposes. This recommendation has been adopted by the NAIC’s Life Actuarial Task Force.
Under ‘Materials’, find the report that describes the mortality improvement scale and its intended use and the spreadsheet that contains the final version of the mortality improvement rates for year-end 2025.
Materials
Mortality Improvement Scale Recommendation
Mortality Improvement Scale Recommendation Rates
Questions or Comments?
If you have comments or questions, please send an email to Research@soa.org
Previous Mortality Improvement Scales
Individual Life Insurance Mortality Improvement Scale – for Use with AG38/VM20 – 2024
Individual Life Insurance Mortality Improvement Scale – for Use with AG38/VM20 - 2023
Individual Life Insurance Mortality Improvement Scale – for Use with AG38/VM20 - 2022
Individual Life Insurance Mortality Improvement Scale Recommendation – for Use with AG38/VM20 - 2021
Mortality Improvement Rates for AG-38 for Year-End 2017
Mortality Improvement Rates for AG-38 for Year-End 2016