Second International Comparative Study of Mortality Tables for Pension Fund Retirees

Document description

This study, which is an update and extension of an original study by Verall et al., CASS  (2005), aims to compare, separately the current mortality and the assumed future improvements in Austrailia, Austria, Belgium, Canada, Denmark, Finland, France Germany, Ireland, Italy, Japan, The Netherlands, Norway, Spain, Sweden, Switzerland, UK and USA.  It aims to deal with the impact of mortality improvements on liabilities, since one of the biggest issues going forward for actuaries is to explain how pension liablility values are affected by changes in both economic and mortality assumptions.  The project also aims to clarify what assumptions (such as current mortality and future mortality improvements) are mandated by the authorities.