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Research & technical | Research & technical notes
2025 US Public Pension Mortality Assumption Benchmarking
In August 2024, the National Association of State Retirement Administrators (NASRA) released a comprehensive survey outlining the mortality assumptions used by many of the largest public pension systems in the United States. To help put these assumptions into context, Club Vita modeled the life expectancy (LE) at age 65 for both males and females based on each system’s reported assumptions.