Tuesday, May 26, 2009
Longevity in Switzerland
It is hardly a coincidence that the Federal Office of Statistics publishes a new study about the Future of Longevity in Switzerland (German, French) today. There is an upcoming referendum to decide about the proposed reduction of the transformation rate with which accumulated pensions capital will be transformed into annuities. Longevity expectations are an important factor in that hotly contended issue. The study expects an additional 5 to 9 years of life expectancy gains over the next 20 years with a continuation of morbidity compression.