IRS Delay in Implementing New Mortality Tables Affects Pension Liability Valuation
HR Daily Advisor
JULY 6, 2017
The Internal Revenue Service’s (IRS) delay until 2018 of implementation of updated mortality tables for pensions gives defined benefit (DB) plan sponsors some extra time to prepare for significant changes tied to increased participant longevity. Jane Meacham is the editor of BLR’s retirement plan compliance publications.
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