Apply SOA MP-2021 mortality improvement scales to project future survival rates from base year, reducing q-rates annually to reflect expected life expectancy improvements for pension and annuity valuation.
Apply SOA MP-2021 mortality improvement scales to project future survival rates from base year, reducing q-rates annually to reflect expected life expectancy improvements for pension and annuity valuation
Each component has a specific meaning:
Note: Interpret the mortality improvement mp-2021 result against the thresholds and context described above.
Enter the base year, reducing q-rates annually for the scenario you are assessing. Apply SOA MP-2021 mortality improvement scales to project future survival rates from base year, reducing q-rates annually to reflect expected life expectancy improvements for pension and annuity valuation. Use the mortality improvement mp-2021 result to inform your calculation.