INTERIM. Is it a pension shortfall or is it outdated actuarial tables?

What pension is claiming a shortfall is really just the use of updated actuarial tables? Detroit

What is Detroit’s new shortfall? isn’t Detroit in bankruptcy proceedings? Yes, hence the close scrutiny that revealed the $491 million pension deficit. 

When were the outmoded actuarial tables from? 2000

Did Detroit know of the outmoded actuarial tables? No, the consultants who reviewed the Detroit pension plan did not inform the public pension of the mortality data.

Crain’s Detroit Business | $491 million pension shortfall may be result of using outdated actuarial tables