The Longevity, Morbidity and Fairness Working Party will Model the impact of different morbidity and longevity experiences of socio-economic groups on the value of annuities purchased
This Working Party will consider the following:
- the extent to which shorter longevity and higher morbidity are correlated and the extent to which this reduces unfairness in state pension by socio-economic classes
- whether it would be desirable for products to combine pension annuity payments with payments for long term care or other sickness and what barriers there may be to the construction of such products
- whether there is an optimal structure for such a product
- what impact should be anticipated from the recent announcement that it will no longer be a requirement to buy annuities at retirement.
Outputs:
These are being decided upon at present and will be stated here in due course.
| Chair | Michael Bird |
|---|---|
| Membership | 6 |
| Established | 2014 |
Related documents
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Guidance for Member-Led Research Working Parties
9 November 2017
Contact Details
For more information about Pensions working parties contact the Communities Team.
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