Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Investopedia / Laura Porter A select ...

For background, actuaries generally use mortality assumptions when determining the value of pension liabilities. Under the Code, specific rules must be followed with regard to the mortality ...

More than three years after the first lawsuits were filed, the impact remains unclear for sponsors sued by retirees who claim they were shortchanged on their pension payments because plans used out-of ...

The lawsuit alleges that Pinnacle West, an electric utility, used outdated mortality tables, causing it to underestimate the present value of employee pensions. Former employees of Pinnacle West, an ...

When determining alternative pension benefits (such as joint and survivor annuities and early retirement benefits), a recent court decision held that underlying actuarial assumptions selected decades ...

A retired participant in a Raytheon Co. defined benefit plan sued the company and plan executives, claiming that his post-retirement benefits have been shortchanged because the company used an ...