LONGEVITY RISK
- The risk by which a pension fund or life insurance company might be exposed due to higher-than-expected payout ratios. This occurs because of the rising life expectancy trends among policy holders and pensioners, which leads to having a higher payout levels than what a firm or fund initially accounts for. The plans that are vulnerable to highest levels of longevity risk are defined-benefit pension plans and annuities that assures lifetime benefits for plan or policy holders.
- The peril that the money a person saves for retirement might not be sufficient to sustain them because of increased life expectancy.
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SEC Form DEF13E3
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Transaction
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IRS Publication 596
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Depository Trust Company Tracking - DTCT
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | May | |
| 10:00 | Ifo Business Climate Index | Jul | |
| 10:00 | Ifo Current Assessment | Jul | |
| 10:00 | IFO - Expectations | Jul | |
| 10:00 | Private Sector Credit | Jun | |
| 10:00 | M3 Money Supply | Jun | |
| 12:00 | CBI retail sales volume balance | Jul | |
| 14:30 | Durable Goods Orders | Jun | |
| 01:01 | BRC Shop Price Index | Jul |
