The Flu Jab Pensions 'remedy'

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Tony.Williams
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The Flu Jab Pensions 'remedy'

Post by Tony.Williams » Thu Mar 30, 2017 8:50 am

From the BBC News website's summary of issues in the papers this morning: http://www.bbc.co.uk/news/blogs-the-papers-39439577
A flu jab blunder that contributed to the largest increase in deaths in a generation may have brought unexpected benefits for Britain's pensions black hole, according to the Daily Telegraph.

The Institute and Faculty of Actuaries says the increase in the mortality rate in 2016 - when the flu jab was mismatched for the main strain of influenza - has slightly reduced overall life expectancy for the over-65s.

Experts say the shift has removed about £28bn of pension liabilities from the balance sheets of leading companies.
I had to check that it isn't yet April 1st.... :?

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chaggle
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Re: The Flu Jab Pensions 'remedy'

Post by chaggle » Thu Mar 30, 2017 10:02 am

That's an extraordinary amount of money! :shock:

If it's reduced companies' liabilities by that much how on earth much must it have saved the country?
Don't blame me - I voted remain :con

Tony.Williams
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Re: The Flu Jab Pensions 'remedy'

Post by Tony.Williams » Thu Mar 30, 2017 11:32 am

Indeed. There was a reason I put this post in the 'Conspiracy Theories' section.

I hope that this doesn't prompt government/industry cooperation in, perhaps, you know, sort of nudging the contents of next year's flu jab a little more? :sic

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