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Bad news for retirees: The anticipated increase in funding ratios is unlikely.
Ⓒ Photo 123RF
The decline in life expectancy had a bright spot for retirees. This would lead to a better financial situation for the pension funds, which reduces the likelihood of pension cuts. Thanks to the stock market and low interest rates, the kite didn’t go out in September.
Srushti is an enthusiast journalist highly experienced in Stock market and trades
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