Podcast Center
Video Center
Webcasts
Resource Center
Events
June 01, 2007 at 01:30 PM
The Internal Revenue Service has come out with an explanation of how large employers can develop their own plan-specific mortality tables.
The Pension Benefit Guaranty Corp. recently published a proposed rule advising employers about how to adopt new pension plan mortality tables in 2008.
Employers with “credible experience” can use their own substitute tables, but an employer that wants to use a substitute table must have a stable number of employees, and it must have data on 1,000 male deaths and 1,000 female deaths over a 4-year period.
