Second international comparative study of mortality tables for pension fund retirees
This paper contains an update to the study carried out by Verall et al. (2006a, 2006b). It examines the mortality assumptions used in the valuation of pension liabilities in a number of different countries. The results are considered in relation to the underlying population mortality rates, in order to isolate the strength of the mortality assumtions being applied. It is found that there is evidence of a lack of consistency between countries, and that this has not changed since the previous study.