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January 03, 2005

Flawed actuarial data threatens pensions

Unrealistically short life expectancy projections for U.S. residents are about to make Social Security's financial problems even worse.   "Life expectancy will make a very big difference in the fiscal viability of Social Security, but the agency's projections of longevity appear too conservative," said demographer Samuel H. Preston of the University of Pennsylvania.

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Posted by Tom Troceen