Longevity and Office of the Comptroller of the Currency: Difference between pages

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''Pensions''.  
(OCC).


A measure of the life expectancy of current and future pensioners and other beneficiaries of a pension scheme.
1. ''United States''


From the perspective of the pensions provider, there is therefore a related 'longevity risk'.
The Office of the Comptroller of the Currency is responsible for the regulation of nationally chartered banks in the US, including internet-based banks.  


Longevity risk refers to the increased cost of providing pensions, resulting from improvements in health and increases in average life expectancy.
It issues the national charters and monitors bank performance and loan credit quality ratings.  


A closely related term in pensions valuation and management is 'mortality'. 


Mortality refers to the relative proportions of groups of pension scheme members who are expected to die in a given period.
2.


So as mortality rates decrease, average life expectancy increases accordingly.
Similar governmental functions in other countries.




== See also ==
==See also==
* [[Mortality]]
*[[Agrentina]]
* [[Pension liabilities]]
*[[United States]]

Revision as of 10:43, 21 May 2017

(OCC).

1. United States

The Office of the Comptroller of the Currency is responsible for the regulation of nationally chartered banks in the US, including internet-based banks.

It issues the national charters and monitors bank performance and loan credit quality ratings.


2.

Similar governmental functions in other countries.


See also

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