Tag: mortality tables

The final rule is effective January 1, 2025.

The Department of Labor backed an appeal by IBM retirees to reopen a lawsuit against the firm for allegedly using...

Despite the volume of cases, no court has yet issued a favorable judgment on the merits for any pension plan...

Kohler Co., the Kohler Co. Pension Plan and pension plan beneficiary plaintiffs request the court’s approval of the settlement.

Federal court in Michigan dismisses a lawsuit brought against the Kellogg Company pension plan.   

A lawsuit against IBM’s pension plan will not proceed, following a judge’s ruling in U.S. District Court for the Southern...

A comparison of the SECURE 2.0 Act of 2022 provisions taking effect in 2024 and prior law, where applicable, according...

The 4044/4050 tables are used to calculate withdrawal liability and missing participant program transfer amounts.

A law firm has sued four defined pension plans over the last six weeks alleging fiduciaries violated ERISA and shortchanged...

The proposal would change mortality tables and interest rate calculations.

SECURE 2.0 makes several regulatory and disclosure changes for DB plans.

However, the separate actuarial tables used for retirement planning and services may not follow the trend.

Plaintiffs argue the outdated tables had the effect of reducing the value of employees’ pensions by underestimating the plaintiffs’ life...

The case against American Airlines is one of several alleging that the use of outdated mortality tables in determining DB...

The updated mortality improvement rates and static tables apply for purposes of calculating the funding target and other items for...

The company says the nine-digit ZIP code, or ”ZIP+4 code,” offers significantly more detail on geographical differences in life expectancy...

The mortality table in question, published in 1971, assumes 90% of Huntington Ingalls Industries’ employees are male and that 90%...

The Society of Actuaries (SOA) proposed mortality tables include mortality data from both single-employer and multiemployer defined benefit (DB) plans.

The updated mortality improvement rates and static tables apply for purposes of calculating a defined benefit (DB) plan’s funding target...

It developed the new tables to give pension actuaries and plan sponsors current information to assist in setting mortality assumptions...