8 RESULTS This chapter presents the results of Projections Life Table AG2018. The results are compared to those of Projections Life Table AG2016. For a number of example funds the effect on the level of the provisions is evaluated. With the aid of these example funds it is possible to assess the impact for other pension funds. In addition, the AG2018 forecast is confronted with historical developments and compared to the latest forecast by Statistics Netherlands (CBS 2017-2060). 8.1 Observations with respect to Projections Life Table AG2016 The table below shows the AG2016 forecast of life expectancies for the years 2015, 2016 and 2017 and how these relate to the realised life expectancies in these years. Also the table shows the forecast of life expectancies for 2017 and 2018. In this case, period life expectancies are used, as these can be compared across observation years. Males 2015 2016 2017 2018 2019 Realised 79.7 79.9 80.1 AG2016 79.8 80.0 80.2 AG2018 80.1 80.3 80.4 Table 8.1 Period life expectancy at birth Males 2015 2016 2017 2018 2019 Realised 18.2 18.4 18.6 AG2016 18.2 18.4 18.5 AG2018 18.5 18.6 18.8 Table 8.2 Period life expectancy at age 65 The new observations after the release of Projections Life Table AG2016 in general show a more moderate increase in period life expectancies than was included in Projections Life Table AG2016. The following graph shows the development of period life expectancy at birth for the period until 2050. The graph is based on realised mortality rates until 2017 and AG2018 projections thereafter. Projection Table AG2018 Results 22 Females Realised 83.1 83.1 83.3 AG2016 83.1 83.3 83.5 AG2018 83.3 83.5 83.6 Females Realised 20.9 21.0 21.1 AG2016 21.0 21.1 21.3 AG2018 21.2 21.3 21.4
24 Online Touch Home