Description: As results emerged showing the influence of COVID-19 on recent mortality, the Society of Actuaries Research Institute’s Mortality and Longevity Strategic Research Program Steering Committee (MLPSC) began to ponder what it means for the future. Was the coronavirus pandemic just a temporary shock to U.S. mortality with mortality quickly returning to prepandemic levels upon its conclusion or a lingering factor in future U.S. mortality from the potential occurrence of new coronavirus variants, post-COVID-19 conditions (“long COVID”), deferral of needed health care treatment, a fatigued health care system and other elements? Only time will provide the answers to these questions.

Description: Credibility is a mechanism for estimating a quantity of interest by combining subject experience and relevant experience to improve the estimate.

Description: This paper compares two mortality projection models – the latest version of the CMI Mortality Projections Model and the latest version of MIM-2021.Both models were applied to data for England & Wales and the US, and the results were compared.

Description: The SOA Retirement Section and Research Institute’s Aging and Retirement Strategic Research Program are pleased to make available material from a research study that explored: What Retirement Plan Features do Employees Really Want? The report presents the findings of an online survey of U.S. adults conducted by Deloitte Consulting LLP. The purpose of the study was to gain insight into the features of retirement plans that are important to employees and where they may make trade-offs for the features they find most important. This report provides important observations for employers and other retirement stakeholders as they assess retirement plans.

Description: Retirement market study of Latin America in English.

Description: As part of its ongoing effort to provide its stakeholders with useful information on COVID-19, the Society of Actuaries (SOA) recently launched an online conversation about the impact of COVID-19 on retirement risks.

Description: This report summarizes points made through an online discussion on issues related to spending in retirement, asset management, and the use of Qualified Longevity Annuity Contracts (QLACs).

Description: This research report analyzed the effects of different types of informational interventions on annuity-related behavioral intentions and beliefs, such as estimated retirement age and life expectancy.

Description: The Pension Section is pleased to make available Part I of a two-part research paper exploring embedded options in pension plans. Part I includes a catalogue of embedded options in pension plans and the results of a related survey of pension practitioners. The paper was written by PricewaterhouseCoopers LLC.

Description: This paper is a literature review of available papers, publications, articles, and presentations on the topic of longevity risk.