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How is that possible? They're all over 100% except for Denmark.
What's in the liability? An estimate for how long a pensioner might live for and how much they'll get paid out?
Exactly. They can calculate on the basis of the average live expectancy of any cohort
How is that possible? They're all over 100% except for Denmark.
What's in the liability? An estimate for how long a pensioner might live for and how much they'll get paid out?