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That is a cynical view. Trying to forecast the cost of pension obligations is a real problem that has very real costs to companies, and can send companies bankrupt. The article shows that changing life expectancies mean a change of nearly $10B to estimated costs for just two companies. You can't run people's lives and companies based on hand-waving and assuming it'll be alright.

OTOH maybe that is why our vending machine is full of unhealthy snacks. :)

+ I have to add problems like these is why companies now give 401ks to employees. Whether you live long or not now is the person's problem and the risk is no longer borne by the company.




Another cynical view is that it's a febrile fantasy to put all of your retirement eggs in the basket of an organization continuing to pay you over your entire lifetime.




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