This report analyzes the development of mortality assumptions to construct mortality tables that better protect the provision of pensions. Mortality assumptions are necessary to guarantee the sustainability of pensions. The report explores traditional considerations and approaches to developing life tables, as well as providing an international overview of longevity trends and drivers in recent decades, including the impact of the COVID-19 pandemic. The report also details the standard mortality tables developed in OECD member countries and offers guidelines to help regulators and supervisors assess whether the assumptions and mortality tables used in the context of pension provision are appropriate.

Review the full report here.