Retirement Plans Experience Studies

The SOA offers studies and table reports on mortality and pensions for use by actuaries. Studies often contain many files for download, including multiple ZIP files, PDFs and Excel files. Table reports are often accompanied by Excel workbooks with complimentary materials.

2023

• RPEC 2023 Mortality Improvement Update
• October
• This report presents research into recent population mortality experience compiled by the Retirement Plans Experience Committee of the Society of Actuaries Research Institute as it pertains to development of mortality improvement assumptions for measuring obligations of retirement programs in the United States.

2022

• Fitting UK and US Mortality Projection Models to Each Other's Data
  December
  This joint effort between the UK's Continuous Mortality Investigation (CMI) and the SOA compares two mortality projection models – the latest version of the CMI Mortality Projections Model, CMI_2021, and the latest version of MIM-2021
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• Caribbean Pension Mortality Study
  December
  This report presents an experience study of pension mortality for national pension systems for four Caribbean countries.
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• RPEC 2022 Mortality Improvement Update
  October
  This report presents research into recent population mortality experience compiled by the Retirement Plans Experience Committee of the Society of Actuaries Research Institute as it pertains to development of mortality improvement assumptions for measuring obligations of retirement programs in the United States.

2021

• Mortality Improvement Scale MP-2021
  October
  This annual update to RPEC’s mortality improvement scales reflects historical U.S. population mortality experience through 2019.

2020

• Mortality Improvement Scale MP-2020
  October
  This annual update to the RPEC_2014 model and corresponding mortality improvement scales reflects historical U.S. population mortality experience through 2018.

• COVID-19 Retirement Section Member Survey Results
  September
  As part of its ongoing effort to provide useful information on COVID-19, the Society of Actuaries issued a brief qualitative survey to its Retirement Section members to gain insight as to how COVID-19 is impacting the retirement programs and organizations they support, and also how it is impacting their work. The survey results are intended to help members compare their thinking and future expectations of COVID-19 with their peers, as well as inform future research efforts.
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• Retirement Plans Experience Committee Update
  August
  An update on Retirement Plans Experience Committee (RPEC) projects including a review of the assumption set for Scale MP-2020, the treatment of COVID-19 in SOA mortality improvement scales, and updates on the timing of the next public- and private-sector pension studies.

2019

• Mortality Improvement Scale MP-2019
  October
  This annual update to the RPEC_2014 model and corresponding mortality improvement scales reflects historical U.S. population mortality experience through 2017.
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• Pri-2012 Private Retirement Plans Mortality Tables 
  October
  The Society of Actuaries' Retirement Plans Experience Committee (RPEC) has released the final report of the Pri-2012 Private Retirement Plans Mortality Tables. The primary focus of this study was a comprehensive review of recent mortality experience of private retirement plans in the United States.
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• PBGC Retirement Plans Mortality Study
  October
  The Society of Actuaries (SOA) is pleased to present a study of Pension Benefit Guaranty Corporation (PBGC) mortality experience for September 30, 2009 through September 30, 2014.
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• Exposure Draft: Pri-2012 Private Retirement Plans Mortality Tables
  May
  The Society of Actuaries' Retirement Plans Experience Committee (RPEC) has released an exposure draft of the Pri-2012 Private Retirement Plans Mortality Tables. The primary focus of this study was a comprehensive review of recent mortality experience of private retirement plans in the United States.
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• Pub-2010 Public Retirement Plans Mortality Tables
  January

2018

• Mortality Improvement Scale MP-2018
  October
•  
• Exposure Draft: Pub-2010 Public Retirement Plans Mortality Tables
  August

2017

• Mortality Improvement Scale MP-2017
  October

2016

• Mortality Improvement Scale MP-2016
  October

2015

• Mortality Improvement Scale MP-2015
  October

2014

• Mortality Improvement Scale MP-2014
  October
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• RP-2014 Mortality Tables
  October
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• Mortality Improvement Scale MP-2014 Exposure Draft
  February
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• RP-2014 Mortality Tables Exposure Draft
  February

2013

• Literature Review and Assessment of Mortality Improvement Rates in the U.S. Population: Past Experience and Future Long-Term Trends
  August

2012

• Mortality Improvement Scale BB Report
  March

2003

• The RP–2000 Mortality Tables
  December
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• 2003 SOA Pension Plan Turnover Study
  December