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According to Bloomberg's analysis of company filings over the last 2 years, at least 12 large companies, from Verizon to General Motors, have reduced their estimates for how much they could owe retirees by a combined $9.7bn.
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In 1970, a 65-year-old American could expect to live another 15.2 years on average, until just past their 80th birthday. By 2010, a 65-year-old could expect to live to 84. But the increases have slowed down since then. Life expectancy at 65 rose by just about four months between 2010 and 2015—half the improvement recorded between 2005 and 2010.
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