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If you look at the pension system today, people work for about 40 years, and are retired for about 20 years. If the average life expectancy for the retirees in
by fl7305 4y ago
If you look at the pension system today, people work for about 40 years, and are retired for about 20 years.
If the average life expectancy for the retirees increases by 1 year, they'd have to work 6 months longer to keep the system balanced with those numbers.