Sean King

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Knoxville, Tennessee, United States

Sunday, October 25, 2009

Pension Problems Actuaries at consultants Watson Wyatt noted that the rate of rise in old-age life expectancy was already faster than that assumed when the government proposed raising the pension age for men to 66 by 2026. Ministers had assumed that men would expect to live for 20.6 years in retirement by 2026 but the improvement revealed by the latest ONS data showed that level of improvement would be felt by 2011.

Well, they only missed their projection by 15 years.

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