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World: Could the Retirement Age Creep Up to 80? AIG's CEO Thinks So. (June 4, 2012)
American International Group's CEO, Robert Benmosche, believes that Europe's debt crisis shows governments worldwide that they must require citizens to work longer as life expectancies increase. Such action will remove some of the costs from younger workers.

World: Pension Plans Launch $20 Billion Infrastructure Fund (April 26, 2012)
The Ontario Municipal Employees Retirement System (OMERS), Japan’s Pension Fund Association, and a consortium led by Mitsubishi have come together to form the Global Strategic Investment Alliance (GSIA). GSIA will invest in infrastructure in Europe and North America. Infrastructure investment offers lower returns but it is stable and underpinned by physical assets, making it attractive for pension funds looking to match long-term liabilities with long-term assets.

World : Elderly: IMF Concerned About Financial Risk Associated With Aging (April 17, 2012)
(Article in French)
The International Monetary Fund says that longer life expectancy presents a financial risk for the public accounts of developed countries. This fact is not new, but the IMF acknowledges having underestimated the problem and calls on governments to take this demographic dimension into account and to establish mechanisms to cope with it. According to them, the average life span will increase by three years by 2050 and overall aging costs will increase by 50 percent.

World: Will Low Retirement Ages Last Forever? (February 23, 2012) 

Medicare covers the Dean Ornish Program for Reversing Heart Disease, which instills a plant-based, meatless diet, meditation, regular exercise and group support. Patients can receive up to 72 one-hour sessions on lifestyle changes. Additionally, hospitals can now bill Medicare for their patient’s yoga sessions. Preventative medicine costs are much less than operations and medications.


 

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