Financial services giant, Mercer, has released new research claiming that Australian public servants live on average four years longer than the rest of the population, and that this longer life expectancy poses problems for future taxpayers who will be called upon to fund their generous defined benefit pensions. From The Canberra Times:
…male workers in Australia’s state and federal public sectors have an average life expectancy of 88 and female bureaucrats will live on average to 91. Australian Bureau of Statistics figures show an average life expectancy of 84 years for men and 87 for women in the general population…
