Your pension benefits are literally vital
From Mnd
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Be in no doubt: how long you live is determined in part by how much money you have. Each point on this graph represents a different country, and the trend is clear: the wealthier the nation, in terms of output per head, the longer its citizens live. Although this graph doesn’t directly lead to the conclusion that within a single country, wealth correlates with life expectancy, any actuary will tell you that the finding is, in fact, true. | Be in no doubt: how long you live is determined in part by how much money you have. Each point on this graph represents a different country, and the trend is clear: the wealthier the nation, in terms of output per head, the longer its citizens live. Although this graph doesn’t directly lead to the conclusion that within a single country, wealth correlates with life expectancy, any actuary will tell you that the finding is, in fact, true. | ||
| - | So, all other things being equal, the retiree with the higher pension can be expected to live longer. | + | *So, all other things being equal, the retiree with the higher pension can be expected to live longer. |
| + | *Go back a stage, and you get the relationship that higher salaries translate into higher pensions, which can be expected to translate into longer lives to enjoy those pensions. | ||
| + | *And to cap it all, if you’re an executive, you get a free health check, to intercept those life-threatening diseases early. | ||
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| + | Your pension is really important. | ||
If you approve of the incentive of giving disproportionate returns to top performers, you need to recognise the life-and-death consequences this policy means for everyone else. | If you approve of the incentive of giving disproportionate returns to top performers, you need to recognise the life-and-death consequences this policy means for everyone else. | ||
Of course, this relationship between wealth and mortality is not inevitable, but there is a general correlation. | Of course, this relationship between wealth and mortality is not inevitable, but there is a general correlation. | ||
Current revision as of 14:33, 16 February 2008
Be in no doubt: how long you live is determined in part by how much money you have. Each point on this graph represents a different country, and the trend is clear: the wealthier the nation, in terms of output per head, the longer its citizens live. Although this graph doesn’t directly lead to the conclusion that within a single country, wealth correlates with life expectancy, any actuary will tell you that the finding is, in fact, true.
- So, all other things being equal, the retiree with the higher pension can be expected to live longer.
- Go back a stage, and you get the relationship that higher salaries translate into higher pensions, which can be expected to translate into longer lives to enjoy those pensions.
- And to cap it all, if you’re an executive, you get a free health check, to intercept those life-threatening diseases early.
Your pension is really important.
If you approve of the incentive of giving disproportionate returns to top performers, you need to recognise the life-and-death consequences this policy means for everyone else.
Of course, this relationship between wealth and mortality is not inevitable, but there is a general correlation.
