Advertisement
Advertisement
⚡ Community Insights
Discussion Sentiment
50% Positive
Analyzed from 201 words in the discussion.
Trending Topics
#calment#pension#record#years#age#aged#estate#apartment#raffray#death
Discussion Sentiment
Analyzed from 201 words in the discussion.
Trending Topics
Discussion (5 Comments)Read Original on HackerNews
> In 1965, aged 90 and with no heirs left, Calment signed a life estate contract on her apartment with civil law notary André-François Raffray, selling the property in exchange for a right of occupancy and a monthly revenue of 2,500 francs (€380) until her death. Raffray died on 25 December 1995, by which time Calment had received more than double the apartment's value from him, and his family had to continue making payments.
https://www.theguardian.com/books/2026/jun/17/morbid-by-saul...
If you wanted all pensions to provide a death benefit in addition to the annuity you'd need to either significantly reduce payouts to the living or significantly higher payments into the pension fund.