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SS and Sex
Old 08-10-2012, 12:50 PM   #1
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SS and Sex

Why is it that SS payments are the same for both sexes? Life expectancy is not so it seems there is a "built in transfer" in lifetime benefits from males to females . Why is this?
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Old 08-10-2012, 12:55 PM   #2
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Why is it that SS payments are the same for both sexes? Life expectancy is not so it seems there is a "built in transfer" in lifetime benefits from males to females . Why is this?
Well you'll have to ask Roosevelt that question.

But that's quite a can of worms you'll open if you want true-risk based payments in SS.

Many poor people and many minorities don't live as long as Anglos. Do you want to normalize for that ?

People in northern states live longer than people in southern states. Do you want to normalize for that ?

Fat people don't live as long as thin people. Do you want to normalize for that ?

Blue collar workers don't live as long as white collar workers. Do you want to normalize for that ?

Smokers don't live as long as non-smokers. Do you want to normalize for that ?

and so on...
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Old 08-10-2012, 01:02 PM   #3
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Well you'll have to ask Roosevelt that question.

But that's quite a can of worms you'll open if you want true-risk based payments in SS.

Many poor people and many minorities don't live as long as Anglos. Do you want to normalize for that ?

People in northern states live longer than people in southern states. Do you want to normalize for that ?

Fat people don't live as long as thin people. Do you want to normalize for that ?

Blue collar workers don't live as long as white collar workers. Do you want to normalize for that ?

Smokers don't live as long as non-smokers. Do you want to normalize for that ?

and so on...

Not to mention treating Medicare like that!
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Old 08-10-2012, 01:11 PM   #4
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The annuity tables I've seen are normalized for the male/female life expectancy but not for the other demographic factors that Masterblaster mentions. Why wouldn't SS be setup on similar basis to what all insurance companies do? As to asking Mr. Roosevelt, I'd rather hold off for a while...I'm only 62
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Old 08-10-2012, 01:25 PM   #5
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Why is it that SS payments are the same for both sexes? Life expectancy is not so it seems there is a "built in transfer" in lifetime benefits from males to females . Why is this?
Does this post explain it?
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Old 08-10-2012, 01:26 PM   #6
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Gender equalization in insurance is happening in the UK due to European laws. UK SS is already moving towards equalization in that women's retirement age is increasing (from age 60).

The ruling means that men will get smaller private pensions and young women will see big increases in car insurance.

Men face smaller pensions under 'unisex' EU insurance rules - Telegraph

Quote:
In a landmark judgment last year, the European Court of Justice ruled that from December 2012 insurers will not be able to use a person's gender when setting prices, so men and woman will pay the same premiums.

As well as sending the cost of car insurance soaring for younger women drivers, it will mean men will get smaller pensions. Annuities, used to convert the lump sum in a pension pot into an income for life, are insurance products and are affected by the EU ruling.

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But the new unisex rate will not be midway between the two. Men will lose more than women gain. Although insurers have yet to confirm their rates, a man at aged 65 is likely to get about 200 a year less, with women getting about 100 a year more.
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Old 08-10-2012, 01:40 PM   #7
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I have to admit some disappointment. After reading the thread title I was expecting to find a thread about a senior sex-for-benefits scandal at the SSA or something about granny porn.
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Old 08-10-2012, 02:17 PM   #8
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I have to admit some disappointment. After reading the thread title I was expecting to find a thread about a senior sex-for-benefits scandal at the SSA or something about granny porn.
Sorry to disappoint. But even an extensive Google search did not turn up a suitable tie in of Social Security to sex as in SEX. There were plenty of sites brought up however that appear to have seniors involved in such
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Old 08-10-2012, 02:43 PM   #9
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No, granny porn does not interest me. But it would tickle my fancy to read about sex in exchange for ER. Surely, there must be some interesting stories in the corporate word about sex in exchange for ER buyout benefits for these 40 or 50 something.

Ejman, you have to search harder.
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Old 08-10-2012, 02:44 PM   #10
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I almost got screwed out of my ER...
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Old 08-10-2012, 08:06 PM   #11
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Collecting SS and still really enjoy sex! :-)
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Old 08-10-2012, 08:17 PM   #12
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Collecting SS and still really enjoy sex! :-)
Yes! There is still life after SS eligibility
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Old 08-10-2012, 09:20 PM   #13
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Ah, now I can see that there's another reason, and perhaps the main one, for people to delay claiming their SS. They are afraid of losing it!
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Old 08-10-2012, 09:36 PM   #14
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Collecting SS and still really enjoy sex! :-)
Once in a blue moon?
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Old 08-10-2012, 09:50 PM   #15
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I can see a good opportunity for the statisticians @ the ER.org to do some original research!
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Old 08-10-2012, 11:38 PM   #16
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I have to admit some disappointment. After reading the thread title I was expecting to find a thread about a senior sex-for-benefits scandal at the SSA or something about granny porn.
You guys are too young, I thought it WWII porn.
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Old 08-11-2012, 12:07 AM   #17
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I have to admit some disappointment. After reading the thread title I was expecting to find a thread about a senior sex-for-benefits scandal at the SSA or something about granny porn.

I am so happy to hear that I am not the only pervert on the boards. I was figuring something along the lines of the picture we had of the world oldest sex workers from Amsterdam.

On topic, it does seem that more and more countries are banning price discrimination on the basis of gender or other characteristics. The only form of discrimination that seems to be legal anymore is smoking vs non-smoking.

It seems make the insurance companies job easier but also harder to make money.
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Old 08-11-2012, 05:46 AM   #18
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I guess this explains why the last form I filled out, asked me to state my "Gender." (Which people don't actually possess; but it's apparently better than folks going, "Heh-heh, that form says SEX, heh-heh.")

Amethyst

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I have to admit some disappointment. After reading the thread title I was expecting to find a thread about a senior sex-for-benefits scandal at the SSA or something about granny porn.
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Old 08-11-2012, 06:55 AM   #19
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Once in a blue moon?
And with help from a little blue pill, as well ?
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Old 08-11-2012, 06:56 AM   #20
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I am so happy to hear that I am not the only pervert on the boards. I was figuring something along the lines of the picture we had of the world oldest sex workers from Amsterdam.

On topic, it does seem that more and more countries are banning price discrimination on the basis of gender or other characteristics. The only form of discrimination that seems to be legal anymore is smoking vs non-smoking.

It seems make the insurance companies job easier but also harder to make money.
Perversion is much like a contact lens, in the eye of the beholder. The header on this thread is a teaser to say the least.
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