Description: Mortality Improvement Scale MP-2016 is an update to Mortality Improvement Scale MP-2015 that includes three additional years of historical U.S. population mortality data and modification of two input values designed to improve the model’s year-over-year financial stability. The page includes the updated Scale MP-2016, the accompanying Scale MP-2016 document, and an updated RPEC_2014_v2016 Model Implementation Tool for actuaries to create their own mortality improvement scales using RPEC’s model and the updated data set.

Description: Mortality Improvement Scale MP-2016 is an update to Mortality Improvement Scale MP-2015 that includes three additional years of historical U.S. population mortality data and modification of two input values designed to improve the model’s year-over-year financial stability. The page includes the updated Scale MP-2016, the accompanying Scale MP-2016 document, and an updated RPEC_2014_v2016 Model Implementation Tool for actuaries to create their own mortality improvement scales using RPEC’s model and the updated data set.

Description: Demographic challenges due to longevity increases and low fertility rates will lower economic growth as measured by GDP. By deconstructing GDP growth between population and productivity growth the article describes the problem and presents potential solutions. The article builds off an SOA research paper published in November 2023, Demographics and Productivity: Drivers of Economic Growth.