> We have hoards [sic] of people who haven't worked in 40 years still getting paid out of a pension that expected to pay them for 20 Citation needed. I don't

> We have hoards [sic] of people who haven't worked in 40 years still getting paid out of a pension that expected to pay them for 20 Citation needed. I don't know of many 90- to 100- year old people collecting pensions. There are some professions, mainly police/military, that permit retirement after 20 years of service. Those pensions are managed to expect longer payout periods albeit using the actuarial stats of their members which are not the same as the general population.