Description: This report presents the 1989 and 1990 calendar-year experience of retired individuals in the U.S. who are covered under group pension contracts issued in the U.S. and Canada.

Description: The proposed new table, recommended as suitable for a new Group Annuity Reserve Valuation Standard, if accepted and adopted by regulators, would incorporate the use of generational mortality into statutory reserving requirements for group annuities for the first time. From Transactions of Society of Actuaries 1995, Vol. 47.