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New Life Tables Translate to Lower Pensions for Future Retirees

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New Life Tables Translate to Lower Pensions for Future Retirees
Source: Pexels

The Central Statistical Office's latest life tables reveal increased life expectancy for seniors, leading to adjustments in pension calculations starting April 1, 2024. With a 60-year-old projected to live 9.9 months longer and an 80-year-old 6.1 months longer, pension benefits are set to decrease.

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