8 OUTCOMES This chapter gives the results of Projection Table AG2016. The results are compared with those of Projection Table AG2014. The effect on the level of the provisions has been calculated on the basis of a number of sample funds. With these sample funds, it is possible to assess of the effect on other pension funds. In addition, the AG2016 projection is offset against the historic developments and are placed in the perspective of the most recent projection of Statistics Netherlands (CBS 2015-2060).2 8.1 Observations in relation to AG2014 The overview below provides an insight into the AG2014 projection of life expectancy for 2014 and 2015 and shows how these life expectancies correlate with the observed life expectancies for the respective years. In addition, the table gives an insight into the projection of life expectancies for 2015 and 2016. Period life expectancy is used for this, since by doing so comparisons can be made for life expectancy in a specific observation year. Men 2013 2014 2015 2016 Observed 79.4 79.9 79.7 AG2014 79.5 79.7 79.9 AG2016 79.8 80.0 Table 1 Period life expectancy at birth Men 2013 2014 2015 2016 2 – Core projection 2015-2060: High population growth in the short term. Statistics Netherlands, December 2015 Projection Table AG2016 Observed 18.0 18.5 18.2 AG2014 18.0 18.2 18.3 AG2016 18.2 18.4 2013 2014 2015 2016 Table 2 Period life expectancy at the age of 65 The new observations since the AG2014 projection show a strong fall in mortality rates in 2014, as a result of which period life expectancy increases. In 2015, however, we see an increase in mortality rates, as a result of which life expectancy once again decreases. Outcomes 19 Women Observed 21.0 21.2 20.9 AG2014 21.0 21.1 21.2 AG2016 21.0 21.1 2013 2014 2015 2016 Women Observed 83.0 83.3 83.1 AG2014 83.1 83.2 83.4 AG2016 83.1 83.3
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