SAC to keep managing money while facing indictment + MORE Aug 9th

Sex
Years to life at Age 60
Years gained

Male
27.3
2.9

Female
29.4
2.7

The update enables pension plan sponsors to better calculate their financial promises to those eligible to receive a pension (or a survivor’s benefit).  Companies with defined-benefit pension (DB) plans, which are guaranteed to their members, need to assess if funding modifications are needed based on these new longevity assumptions to ensure they can meet their pension promises.
Defined-benefit pension plans and your health
Let me be brutally honest on this one…the DB pension plan only cares if you are alive or dead. No other pension plan needs to consider your life expectancy because you hold all the risk—more on this later. Even so, with DB plans there are two degrees of being dead—survivor benefits or none. Your health is not an issue for a DB plan…