References in periodicals archive ?
The latest mortality table is based on the most recent data available for the study and thus incorporates the latest trends and mortality improvement that has occurred over the last few decades.
Instead of using mortality tables, a beta random number generator for mortality is used.
We discuss how to accomplish this after discussing the choice of originating mortality table.
The new mortality tables would be based on mortality improvements through the year of the actuarial valuation, and would reflect the effect of further expected improvements in mortality.
Calculations are based on the actuarial assumptions of a constant annual interest rate i and probabilities of death according to the mortality table.
440) applied to a given deterministic mortality table.
Fasano indicated that one set of analyses was based on the 2008 VBT (standard) Mortality Table and one was based on its proprietary 2008 Fasano Mortality Tables.
27, 2014 /PRNewswire/ -- The Society of Actuaries (SOA) released updated mortality tables today to help retirement plan sponsors more accurately estimate the financial obligations associated with their plans.
It's the best because through next year, they can choose to base their product design on either the 1980 or 2001 CSO (Commissioners Standard Ordinary) mortality tables, whichever works better with the product involved.
The "old" mortality basis is the RP-2000 mortality table for Male Healthy Annuitant.
Accumulator offers a 4% guaranteed minimum interest rate, rates based on the 2001 mortality table, a nine-year surrender charge period (replacing 15 years), an accelerated living benefit rider and zero net-cost loans after the fifth policy year.