“Life and death. At some point we’re gonna leave this world. Do I know when? Absolutely not.” - Terrell Owens After the superbowl it seemed fitting to quote a former Philadelphia Eagles player. Estimating how long we’re going to live is as old as (intelligent) life itself. In the world of actuarial science, this means predicting the amount a firm will need to pay out to pensioners. Recent data readings have shown that the projected rate of growth of life expectancy was potentially too high. So what does this mean for pension schemes?