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“In this world nothing can be said to be certain, except death and taxes.” America’s first blogger Benjamin Franklin made this observation two and a quarter centuries ago and it has held true these many years.
With the latest developments regarding mortality assumptions, however, Franklin may want to consider a rewrite… (if he wasn’t, you know, certainly dead.) For the new world of pension mortality has made death anything but certain.
Clark is a consulting actuary at Principal. He is a fellow of the Society of Actuaries (SOA) and a member of the American Academy of Actuaries (AAA), the latter of which has significantly … Read full bio
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