Wednesday, November 10, 2010

Is Longevity A Time Bomb In South Africa?


Labour unrest currently experienced in France as a consequence of the French Government’s proposals to increase the statutory retirement age focuses attention to longevity. It is globally recognised that with better nutrition and health facilities people are living longer and can look forward to a considerably greater life expectancy than their parents and grandparents.

Recent authoritive research suggests that a baby born in 2010 --- given good nutrition and parental care during its formative years --- could expect reasonably to have a life expectancy of at least 100 years.

Ruwaida Kassim, CEO of the Institute of Retirement Funds, says; "We have not fully researched this in the context of SA, but clearly in terms of international practices the issue of longevity and life expectancy has become huge'.

Pieter Rautenbach


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