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Smokers get pension deal for dying young

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Published: Feb. 7, 2008 at 11:01 PM

LONDON, Feb. 7 (UPI) -- A British insurance company is offering bigger pension payouts to longtime smokers because they aren't likely to live as long.

The company Partnership is offering a cheaper deal to people aged 50 or more who have smoked at least 10 cigarettes a day for the past 10 years, The Daily Mail said Thursday.

Partnership claims smokers are treated unfairly by other firms because they receive the same pension payouts as non-smokers but die far earlier. A smoker on the special Partnership policy will get a pension 30 percent higher than that paid to a non-smoker because it has to last for a shorter time, the newspaper said.

The life expectancy of a smoker in Britain an average of six to eight years lower than that of a non-smoker.

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