The State of the Union 2011
Source
http://www.lifeandhealthinsurancenews.com/News/2011/1/Pages/The-State-of-the-Union-2011.aspx
Date
Media Outlet
National Underwriter Life & Health
The Academy's "Actuarial State of the Union," in which the Academy recommended increasing the retirement age to restore Social Security's actuarial balance, was discussed. The Academy said that life expectancy improvements have lead to an expansion of lifetime benefits and system costs, and an increase in the retirement age would stem this cost growth. The Academy also said it hopes that policymakers will focus on new policies to better enable employees and retirees to manage longevity, inflation and investment risks.
Share