I was a political science major as an undergrad and that’s become a curse with this election since I’ve been avidly watching the coverage. One more week to go and then we’ll let the winner pick up the pieces. In the meantime rates are up. This could signal that the bond market is already pricing in a Fed rate hike in December.

As you can see below we’re now using the new SOA mortality table since we believe the insurers are using something similar.

We believe that the following rates applied to the mortality scale MP-2016 will give you a pretty good indication of the price of a group annuity contract. Use the smaller rate for small contracts.