Dec 01, 2024 10:11 pm
Life expectancy is key to all kinds of financial and economic calculations, by governments, companies and individuals - from retirement income needs, to policy coverage at life insurance and pension funds, and financial planning.
In the US - which has lagged behind other developed economies in the life expectancy of its citizens in recent years - the Social Security Administration has its own table for mortality rates, which features in the annual financial report to trustees.