White Paper / Retirement
Mortality Rates for Defined Benefit Plans Will Hold Steady

The IRS has decided to wait another year before implementing new mortality tables that are expected to increase costs anywhere from 5 – 10 percent. This should come as welcome news to defined benefit plan sponsors, though many had already incorporated more conservative rates into their plan accounting. Whether or not plan sponsors act on this new guidance, they should review the three levers of plan management with their advisors. Learn more in a white paper by Pam Devling, Vice President and Consulting Actuary for Lockton Retirement Services. 

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