Americans are dying younger despite our previous improvements in American life expectancy. For companies who pay out on pensions this could be good news:
If
people don’t end up living as long as they were projected to just a few years ago, employers won’t have to pay them as much in pension and other lifelong retirement benefits.1
Due to the slight rise in the mortality rate, at least 12 large companies have reduced their estimates for how much they could owe retirees by a combined $9.7 billion.
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