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Rising U.S. Life Spans Spell Likely Pain for Pension Funds
The Wall Street Journal; subscription may be required
Oct. 28, 2014
"New mortality estimates released Monday by the nonprofit Society of Actuaries show the average 65-year-old U.S. woman is expected to live 88.8 years, up from 86.4 in 2000. Men age 65 are expected to live 86.6 years, up from 84.6 in 2000. Longer lives for retirees may add to a squeeze at many pension funds already struggling to plug funding gaps and force companies to contribute more to cover future obligations."
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