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Continuous Mortality Investigation Self-Administered Pension Schemes Mortality Tables. Discussion Meetings

Published online by Cambridge University Press:  10 June 2011

Introduction

The new graduated tables of self-administered pension schemes' mortality are now out for consultation.

Members of the Continuous Mortality Investigation (CMI) Self-Administered Pension Schemes (SAPS) Committee will present the graduated tables consultation document — Working Paper 32 (WP32) — at these Sessional Meetings, and will lead the discussions on the production and the use of these mortality tables. The discussions will concentrate on: how the tables will be used; which ones to use, and how to scale them for particular schemes; the different categories of pensioners for whom the tables have been produced; the treatment of younger and older ages; and the table names to be used.

It is stressed that the mortality tables contained in WP32 are issued as part of a consultation process, and that they might be changed before final publication.

Type
Sessional meetings: papers and abstracts of discussions
Copyright
Copyright © Institute and Faculty of Actuaries 2008

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References

Reference

Forfar, D.O., McCutcheon, J.J. & Wilkie, A. D. (1988). On graduation by mathematical formula. Journal of the Institute of Actuaries, 115, 1149, and Transactions of the Faculty of Actuaries, 41, 97-269.CrossRefGoogle Scholar

Reference

Hosty, G.M., Groves, S.J., Murray, C.A. & Shah, M. (2008). Pricing and risk capital in the equity release market. British Actuarial Journal, 14, 41109.CrossRefGoogle Scholar