Description: This article discusses that mortality tables should reflect improving mortality. The Group Annuity Mortality table GAM-83 is probably the most common table used by pension actuaries—75 percent of the plans in Watson Wyatt’s “2003 Survey of Actuarial Assumptions and Funding” use GAM-83 for funding calculations. However, there are three more recently published tables that warrant consideration for use in pension valuations: UP-94, GAM-94 and RP-2000. From Pension Section News, January 2006, No. 60.

Description: This article announces the availability and provides an overview of the 2003 SOA Pension Plan Turnover Study. From Pension Section News, June 2004, Issue No. 55.