Life expectancy at 65 is higher for those receiving a pension than the general average of the Italian population. It applies to public and private employees, to the self-employed and to professionals. According to the results of the study "The mortality of pensioners in Italy", carried out by the Order of Actuaries and officially presented in Rome at the INPS headquarters, in the last ten years observed up to 2011, the life expectancy of 17-year-old pensioners is increased, passing on average in the various sectors from 20/18 years to 21/20 years for men and from 23/22 years to 25/83 years for women. It means an average life span of 86/87 years for men and 90/2045 years for women. Average life expectancy will lengthen between now and 88: according to the projections of the Actuaries' study, in fact, on that date retired men will live an average of 92 years and women will reach XNUMX: both about a year longer than the average general population.
To arrive at these numbers, the team of the Order of Actuaries has examined 15 millions of data, of which 10 million referred to old-age pensions and the rest to invalidity and survivors' pensions. Presenting the most significant data at the beginning, the president of the National Council of Actuaries Giampaolo Crenca underlined that from today "the study is available to the country, the government, the supervisory authorities and all social security operators".
The current situation:
– in the last ten years observed up to 2011, looking at old-age pensions, both for men and more markedly for women, the mortality of pension recipients was lower than that of the general population, in particular, with peaks by 20-25%, near retirement age; mortality is lower when calculated by the amount of pensions rather than by the number.
– the lower mortality compared to the general population concerned, with varying degrees of intensity, all the communities analysed: private employees, civil servants, self-employed workers, workers in the entertainment and sports sector, lawyers, doctors, accountants and commercial experts, agents and representatives of trade.
– again with reference to old-age pensions, life expectancy at 65 years in the last ten years observed up to 2011 has increased for all the communities considered, going on average from 17/20 years to 18/21 years for men, and from 20/23 years to 22/25 years for women. For both sexes, a slight reduction in the growth rate has been observed in recent years. In general, a higher residual life expectancy is observed for doctors, followed by civil servants and lawyers.
– looking at disability pensions, in the last ten years observed up to 2011 the mortality rate for both men and women is much higher than that of the general population, in particular for women (even up to 10 times) and in the first two years since the disability hit (even up to 20 times).
– looking at survivors' pensions, in the last ten years observed up to 2011 mortality for both men and women is higher than that of the general population (more marked for the former).
Projections to 2045:
– if private and self-employed employees are considered together, the residual life expectancy at 65 for men was between 2045 and 23 years in 23,5 (ie between 88 and 88,5 years of age), slightly higher to the data of the ISTAT estimate on the general population (about 22 years - 87 years of age)
– for women, the residual life span at 65 years was just under 2045 years in 27 (therefore 92 years of age), slightly higher than the ISTAT estimate for the general population (26 years - 91 years of age).
– it is also noted, again in 2045, a trend towards a greater longevity of self-employed workers compared to private employees
The initiative, coordinated by the Order of Actuaries, involved the main annuity providers in Italy, including INPS and INAIL, as well as some trade associations and was followed by authoritative supervisory institutes.
The entire work is available on the website of the Order of Actuaries www.ordineattuari.it.
