The SOA report examines life expectancy of teachers, cops, fire fighters first responders–and general employees separately. (Photo: Shutterstock)
When the Society of Actuaries published updated mortality tables in 2014, it relied primarily on data from private sector pension plans.
But the SOA's Retirement Plans Experience Committee also reached out to three “very large public/private” pension plans, according to the SOA.
“Our request for data went to a handful of public plans,” explained Dale Hall, managing director of research at the Society of Actuaries. “From that (2014) study we noted differences in public plan mortality. That led to a request for data from public plans.”
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
