LINCOLNSHIRE, Ill. – Today, the Society of Actuaries (SOA) released its latest U.S. mortality assumptions for pension plans. Experts from Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE: AON), are available to discuss the changes to the tables and how the revised life expectancies will impact corporate pension and retiree medical plan sponsors and participants.

The revised pension mortality tables were last updated more than a decade ago. Under the new tables, a 65 year old U.S. male is expected to live to age 86.6 and a 65 year old female is expected to live to age 88.8. According to estimates from Aon Hewitt, these changes could increase the liabilities of many corporate defined benefit (DB) plans by 7 percent or more.

Aon Hewitt experts are available to speak about the final SOA reports and mortality assumptions, as well as what the changes will mean for corporate DB plans. Click here to read Aon Hewitt’s white paper on the initial proposed mortality assumptions changes, which were released in February 2014. An updated analysis of the final revisions will be available soon at aonhewitt.com. 

About Aon Hewitt 

Aon Hewitt empowers organizations and individuals to secure a better future through innovative talent, retirement and health solutions. We advise, design and execute a wide range of solutions that enable clients to cultivate talent to drive organizational and personal performance and growth, navigate retirement risk while providing new levels of financial security, and redefine health solutions for greater choice, affordability and wellness.  Aon Hewitt is the global leader in human resource solutions, with over 30,000 professionals in 90 countries serving more than 20,000 clients worldwide.  For more information on Aon Hewitt, please visit www.aonhewitt.com.

About Aon

Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world’s best broker, best insurance intermediary, best reinsurance intermediary, best captives manager, and best employee benefits consulting firm by multiple industry sources. Visit aon.com for more information on Aon and aon.com/manchesterunited to learn about Aon’s global partnership with Manchester United. 

To arrange an interview with an Aon Hewitt expert, please contact:

MacKenzie Lucas, mackenzie.lucas@aonhewitt.com, or 847-442-2995

Maurissa Kanter, Maurissa.kanter@aonhewitt.com, or 847-442-0952