Description: Abstract: It is believed that exponential growth of mortality with age (Gompertz law) is followed by a period of deceleration, with slower rates of mortality increase at older ages. We compared the performance (goodness-of-fit) of two competing models-the Gompertz model and the logistic (Kannisto) model using data for 22 birth cohorts of U.S. men and women in the age interval 80-105 years. In all cases the Gompertz model fits mortality data significantly better than the Kannisto model. Another approach to study mortality patterns at advanced ages is based on Life table Aging Rate (LAR). It was found that for all studied 24 single-year birth cohorts LAR does not change significantly with age in the age interval 80-100 years suggesting the validity of Gompertz law. These results suggest that mortality deceleration at advanced ages is not a universal phenomenon, and human survival follows the Gompertz law up to very old ages

Description: The Retirement Plans Experience Committee (RPEC) hired Ernst & Young to perform a literature review and assessment of mortality improvement rates in the United States population.

Description: This paper highlights how the estimation procedure works in regards to annuities, including immediate life annuities.

Description: This table shows the results of an attribution of the major contributing factors to the rate of mortality improvement in cardiovascular disease between 1980 and 2000.

Description: This is the second of three articles. The first April issue told how the 1973 Experience Table was constructed. Outlined here are two steps: i projecting the values in the 1973 Experience Table to produce the 1983 Basic Table, and ii reducing the 1983 Basic Table q's to arrive at the recommended annuity valuation table called the 1983 Table a.

Description: Updated study of metrics for measuring whether US mulitemployer pension plan contributions paid down unfunded liabilities or met regulatory benchmarks

Description: A discussion about the increasing risks associated with the National Flood Insurance Program in the U.S., including discussion of its history as well as key issues associated with its continuation in its present form.

Description: Analysis of the impact of projected multiemployer pension plan insolvencies over 20 years on affected participants and participating employers.

Description: Spring 2011 Case study for Exam Retirement Benefits.

Description: Fall 2011 syllabus for Retirement Company/Sponsor Perspective – U.S.