In most industrialized countries, including Belgium, mortality at adult and old ages reveal decreasing annual death probabilities. The calculation of expected present values (for pricing or reserving) for long-term survival insurance benefits thus requires an appropriate mortality projection in order to avoid underestimation of future costs. The so-called projected life tables include a forecast of the future trends of mortality. This paper updates previous projections based on recent mortality statistics, for the general population and for the insurance market. A discussion of the strategies to deal with the systematic longevity risk concludes the study.