Old Age Mortality Experience Study Report

Authors

Old Age Mortality Subgroup of the Individual Life Experience Committee

Description

The Society of Actuaries (SOA) Research Institute released a report that examines older age mortality (OAM) with a focus on attained ages 70 and above. The report helps determine whether refinements were needed in the 2015 Valuation Basic Tables. Analysis was performed by sex, issue age and attained age, issue year cohorts, smoking risk classification, benefit band, select vs ultimate period, and interactions.

Report

Old Age Mortality Experience Study Report

Acknowledgments

The authors’ deepest gratitude goes to those without whose efforts this project could not have come to fruition: the volunteers who generously shared their wisdom, insights, advice, guidance, and arm’s-length review of this study prior to publication. Any opinions expressed may not reflect their opinions nor those of their employers. Any errors belong to the authors alone.

Project Oversight Group members:
Philip Lance Adams, FSA, MAAA, CERA
Mary J. Bahna-Nolan, FSA, MAAA, CERA
Anji Ines Li Zhao, FSA, MAAA, CERA
John K. McGarry, ASA

Reviewers:
Tatiana Berezin, FSA, MAAA
Edward Hui, FSA, MAAA, CFA
Kevin P. Larsen, ASA, MAAA
Haofeng Yu, FSA, MAAA, CERA

At the Society of Actuaries Research Institute:
Korrel Crawford, Senior Research Administrator
Mervyn Kopinsky, FSA, EA, MAAA, Senior Experience Studies Actuary
Peter J. Miller, ASA, MAAA, Experience Studies Actuary

Questions or Comments?

Give us your feedback! Take a short survey on this report. Take Survey

If you have comments or questions, please send an email to research@soa.org.