Gender a key metric in determining pension longevity risk: report
Gender is a vital piece of information when measuring pension plan longevity risk, according to a new report by the OPSEU Pension Trust, Eckler Ltd. and Club Vita.
The report analyzed Club Vita’s Canadian pension plan dataset and established multi-factor modelling techniques to develop gender-neutral mortality tables, which were compared against standard gender-specific mortality tables to evaluate the differences in capturing individual plan mortality experience and the resulting funding........
