After Argument, 6th Circuit Asks What ‘Actuarial Equivalent’ Meant In 1974

( May 14, 2025, 11:21 AM EDT) -- CINCINNATI — Following separate argument in two cases that involve use of decades-old mortality tables and whether part of the Employee Retirement Income Security Act requires “reasonable assumptions” in calculating certain pension benefits, a Sixth Circuit U.S. Court of Appeals panel on May 13 ordered supplemental briefing “on the meaning of the term ‘actuarial equivalent’ at the time of” ERISA’s 1974 enactment....