life's too short and we're now all forecast to die sooner
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Small print alert: We're going to die sooner
In rather morbid news, the Office for Budget Responsibility has revised up its expected mortality rate.
It now expects 502,000 pensioners to die each year, up from 476,000 previously (which will mean less spending on pensions).
It says:
This is consistent with life expectancy increasing less than projected since mid-2014. By 2022, the population in this age group [adults aged above the state pension age] is 1.2% lower than previously assumed.
The OBR has also trimmed its fertility rate forecast (meaning fewer children join the population) and cut its forecasts for inward migration (thanks to Brexit).
Posted By: Ralf Scrampton on November 22nd 2017 at 17:16:19
Message Thread
- What time does the post-budget political meltdown start on here? (n/m) (General Chat) - Worthing Yellow, Nov 22, 16:25:51
- Bit of a damp squib wasnt it? (n/m) (General Chat) - CWC, Nov 22, 17:37:57
- life's too short and we're now all forecast to die sooner (General Chat) - Ralf Scrampton, Nov 22, 17:16:19
- Taking it back, no doubt, asserting our national rights to a shorter, poorer life (n/m) (General Chat) - Under soil heating, Nov 22, 18:51:20
- We've got meltdown fatigue. (n/m) (General Chat) - bird table, Nov 22, 16:32:29
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