PPI says life expectancy understated by 10 years

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In considering the national state pensions age, life expectancies for all socioeconomic groups are generally being greatly ‘understated' by as much as 10 years says the Pensions Policy Institute (PPI).

New research conducted by the PPI, as a form of response to the Pensions Commission’s first report, suggests the current lifespan of men working as manual workers is closer to 81 than the 71 predicted by the Office of National Statistics, while those in professional occupations live five years longer again. Current figures released by the ONS calculate life expectancy from birth, based on death rates at each age throughout his or her life, and not 65, the PPI stresses. The body argues calculating longevity on this basis includes those people who do not reach the age of 65, and is thereb...

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