The retirees’ main claim is that the plan’s use of mortality tables from 1971 and 1983 to convert default retirement benefits into the alternative benefits that they opted to receive constitutes ...

A state insurance regulator task force adopted mortality tables Thursday reflecting COVID-19 pandemic mortality loss over the next decade. The Life Actuarial Task Force adopted recommendations put ...

Discover how actuarial services aid in financial planning and risk assessment for insurance, pensions, and finance. Learn about predicting payouts and future risks.

The IRS issued final regulations relating to the use of actuarial tables for valuing annuities, interests for life or a term of years, or remainder or reversionary interests. The regulations (T.D.

The lawsuit alleges that Pinnacle West, an electric utility, used outdated mortality tables, causing it to underestimate the present value of employee pensions. Former employees of Pinnacle West, an ...

More than three years after the first lawsuits were filed, the impact remains unclear for sponsors sued by retirees who claim they were shortchanged on their pension payments because plans used out-of ...

Several life insurers cited mortality improvements in the fourth quarter for helping to improve life insurance earnings at the end of 2023. At Globe Life, for example, positive mortality and ...