White collarworkers tend to live longer than blue collar workers, and workersin the top 25 percent of income generally live longer than those inthe bottom quartile. But the life expectancy of the top incomequartile dropped a bit, a trend actuaries will monitor. (Photo:Shutterstock)
The Society of Actuaries is standing by its pledge to issue moreconsistent updates to the longevity tables that private sectorpension sponsors use, in part, to assess liabilities on definedbenefit retirement plans.
The recent release of an exposure draft of PRI-2012 —Private Retirement Plans Mortality Tables — shows slight changes tothe RP-2006 tables, which were issued in 2014 before undergoingrevisions, most recently in 2016.
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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.
