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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (103705)10/31/2011 2:09:48 PM
From: Road Walker  Read Replies (1) | Respond to of 149317
 
We have a system that paid out on average 2-3 years of payments when Roosevelt created it. Now we have a system that pays out 20-25 years of payments, because people are living longer.

In 1931 life expectancy at age 60, M-14.72 years, W-16.05 years
In 2004 life expectancy at age 60, M-20 years, W-24.1 years

infoplease.com