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From: lab@qubix.UUCP (Q-Bick)
Newsgroups: net.followup,net.women
Subject: Re: Allstate Insurance says women don't deserve equal pay with men
Message-ID: <1119@qubix.UUCP>
Date: Mon, 21-May-84 13:10:36 EDT
Article-I.D.: qubix.1119
Posted: Mon May 21 13:10:36 1984
Date-Received: Wed, 23-May-84 19:13:46 EDT
References: <621@pyuxqq.UUCP> <169@digi-g.UUCP>
Organization: Qubix Graphic Systems, Saratoga, CA
Lines: 19

>Insurance companies have always been run by jerks.  Right now a big issue
>about retirement funds (a lot of which are handled by insurance companies)
>is equal retirement pay.  They argue that: since women (on the average) live
>longer than men, their retirement pay should be lower so the average total
>pay is equal.  Similar 'adjustments' in retirement & insurance rates based
>on race were outlawed years ago.  I'm surprised that fat men that drink &
>smoke too much don't get higher retirement benifits, on the rationale that
>they will be dead sooner.

Basic premise: you gets out what you puts in. If you want it all at
once, you get the same amount. If you want it over a fixed period, you
get the same amount. If you want it over your remaining life expectancy,
thems that's expected to live longer gets a little less each time.

Judges and the ACLU need some basic courses in math and common sense.
-- 
			The Ice Floe of Larry Bickford
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