Americans Are Dying Younger, Saving Corporations Billions

By artappraiser on Wed, 08/09/2017 - 12:46am |

Life expectancy gains have stalled. The grim silver lining? Lower pension costs

Goes for Social Security, too:

[....] It's not just corporate pensions, either; the shift also affects Social Security, the government’s program for retirees. The most recent data available “show continued mortality reductions that are generally smaller than those projected,” according to a July report from the program’s chief actuary. Longevity gains fell short of what was projected in last year’s report, leading to a slight improvement in the program’s financial outlook [....]

URL:

https://www.bloomberg.com/news/articles/2017-08-08/americans-are-dying-younger-saving-corporations-billions