2 ms·
Did that article you link say anything about the ratio of those that reached 60 or not? In a pay as you go system what matters is the ratio of retired to worki
by snapplebobapple 4y ago
Did that article you link say anything about the ratio of those that reached 60 or not? In a pay as you go system what matters is the ratio of retired to working and in a system that is actuarialy sound and actually saving then the percentage that pays in and does not collect by dying before retirement matters a lot. The most common age you die given you make it to 60 is pretty irrelevant in both situations other than it indirectly partially relates to the load of old people you have to contend with in the system, which is what actually matters in both situations.
- spywaregorilla 4y ago75 was the most common age to die for French males from that time across the board. Not conditioned on making it to 60. The "life expectancy" of someone given they made it to 60 was similarly high. Highlighted only to dispel people's imaginations that people used to be "old" when they reached their society's average life expectancy. They don't look physically old. Nor are they even outliers. 1930s French society would have had lots of people in their 60s, 70s, and 80s,