Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

New SOA Public Plan Mortality Tables Extend to Age 119

Your article was successfully shared with the contacts you provided.

Managers of U.S. public pension plans now have mortality tables that go up to age 119.

The Society of Actuaries (SOA) recently released public retirement plan mortality tables that include mortality rates for people ages 0 to 119 — the Pub-2010 Public Retirement Plans Mortality Tables.

(Related: Americans Are Retiring Later, Dying Sooner and Sicker in Between)

The SOA’s Retirement Plans Experience Committee used general-purpose mortality data from 2015 to provide the mortality rates for children ages 0 through 12, special estimation techniques to provide mortality rates for people ages 13 through 17, and special projection techniques to provide mortality rates for people ages 100 and older.

The committee has developed separate sets of tables for teachers; police officers, firefighters and other public safety professionals; and other types of public employees, such as judges and administrators.

The committee based the tables on data on 46 million life-years of plan participant data, and 580,000 participant deaths, from 78 U.S. public pension plans and 35 U.S. public pension systems.

The committee found, for example, that the longest-lived people in the data, female teachers, can expect to live 25.03 more years once they reach age 65.

The shortest-lived people in the data, male public safety professionals, can expect to live only 20.27 more years at age 65.


Links to Pub-2010 Public Retirement Plans Mortality Tables documents are available here.

— Read Americans Are Dying Younger, Saving Corporations Billions, on ThinkAdvisor.

— Connect with ThinkAdvisor Life/Health on LinkedIn and Twitter.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.