Eight out of ten men live beyond retirement age - PPI

Statistics contained in the latest PPI briefing note show 72% of men lived beyond 65 years of age in 1980 along while six out of ten men lived beyond 70. That figure is still climbing as 83% of men are expected to officially live beyond State retirement age next year (2005) and 76% live past 70 years old, and predicted over the next 40 years to climb even higher. Purpose of the briefing note was to highlight the fact our State pension system was never designed as "insurance" rather than to ensure everyone would receive it once they reached 60 - if a woman - and 65 - if a man. Acco...