;#Faculty News;# | Harvard Gazette | 18
Probing the golden years
Re: John T. Gourville
The annuities, Gourville said, have become attractive options because not only are people living longer, but the method of supporting retirees is changing. A prior generation of workers received pensions that lasted as long as they lived. Those workers could count on getting a specific dollar amount every month, augmented by a second check from Social Security.