The National Conference on Public Employee Retirement Systems is teaming up with the Society of Actuaries Research Institute on a long-term study that will focus on U.S. public pension plan mortality data.
The study will analyze in-depth data from more than 30 U.S. public pension systems from 2022 to 2026. The research findings are scheduled to be released around 2030.
“We look forward to partnering with the SOA Research Institute to ensure continued access to the latest public sector-specific mortality tables,” said Hank Kim, NCPERS executive director and counsel, in a news release Feb. 19. “This essential data will help public pensions and their actuaries better understand life expectancy of their participants, more precisely project the fiscal health of their plans, and ultimately contribute to the long-term sustainability of public pensions across the country.”
In preparation for the study, the SOA Research Institute is actively seeking actuaries and NCPERS members to serve on the advisory board or as volunteers on the Retirement Plans Experience Committee, which manages the project.
“We’re excited to work with NCPERS on this research, tapping into their member insights and data in continuing our ongoing studies of mortality rates for public pension systems,” said R. Dale Hall, SOA’s managing director of research.
