This paper should be of interest to any sponsor of a defined benefit (DB) pension plan. With ever-improving longevity, the mortality table used by actuaries in the valuation of DB plans continues to change. The approach to mortality is changing, too, as actuaries…
The latest Morneau Sobeco 60 Second Survey shows that public sector employers are taking the H1N1 flu virus more seriously than the private sector. In a survey of 226 employers, 15% felt that the H1N1 virus would reach true pandemic proportions with large…