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re: Offered lump sum payment for old pension. Should I take it? (Im only 36)
Posted on 4/18/16 at 10:09 am to TigerDeBaiter
Posted on 4/18/16 at 10:09 am to TigerDeBaiter
quote:
What are the rates and life expectancy that are usually used? I tried to back into a scenario and think I got pretty close?
While companies use their own internal data, the SOA does release mortality tables that line up fairly well. The Gam table as mentioned above is likely what is used.
LINK
This post was edited on 4/18/16 at 10:33 am
Posted on 4/18/16 at 11:39 am to GenesChin
Gotcha. Thanks! Don't think I'll ever have a pension but always good to go through some excersizes.
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