LEADER 02618nam  2200577Ia 450 
001 9910461994503321
005 20200520144314.0
010   $a1-4755-2676-8
010   $a1-4755-6809-6
035   $a(CKB)2670000000278833
035   $a(EBL)1606823
035   $a(SSID)ssj0000940742
035   $a(PQKBManifestationID)11532937
035   $a(PQKBTitleCode)TC0000940742
035   $a(PQKBWorkID)10955477
035   $a(PQKB)11439629
035   $a(MiAaPQ)EBC1606823
035   $a(Au-PeEL)EBL1606823
035   $a(CaPaEBR)ebr10627054
035   $a(OCoLC)798586242
035   $a(EXLCZ)992670000000278833
100   $a20111102d2012      uy             0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 14$aThe impact of longevity improvements on U.S. corporate defined benefit pension plans$b[electronic resource] /$fprepared by Michael Kisser ...[et. al.]
210   $aWashington, DC $cInternational Monetary Fund$d2012
215   $a1 online resource (35 p.)
225 0 $aIMF working paper ;$v12/170
300   $aDescription based upon print version of record.
311   $a1-4755-5497-4 
311   $a1-4755-0518-3 
320   $aIncludes bibliographical references.
327   $aCover; Contents; I: Introduction; II: Related Literature; III: Data; IV: Analysis; A: A Simple Valuation Model; B: Main Results; C: Additional Robustness Checks; V: Conclusion; References; Appendix 1
330   $aThis paper provides the first empirical assessment of the impact of life expectancy assumptions on the liabilities of private U.S. defined benefit (DB) pension plans. Using detailed actuarial and financial information provided by the U.S. Department of Labor, we construct a longevity variable for each pension plan and then measure the impact of varying life expectancy assumptions across plans and over time on pension plan liabilities. The results indicate that each additional year of life expectancy increases pension liabilities by about 3 to 4 percent. This effect is not only statistically hi
410  0$aIMF Working Papers
606   $aDefined benefit pension plans$zUnited States
606   $aLongevity$zUnited States
608   $aElectronic books.
615  0$aDefined benefit pension plans
615  0$aLongevity
700   $aKisser$b Michael$0944403
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910461994503321
996   $aThe impact of longevity improvements on U.S. corporate defined benefit pension plans$92131889
997   $aUNINA