A measurement of the Ni-56 cosmic ray abundance has been discussed as a pos
sible tool to determine the acceleration time scale of relativistic particl
es in cosmic rays. This conjecture will depend on the halflife of totally i
onized Ni-56 which can only decay by higher-order forbidden transitions. We
have calculated this halflife within large-scale shell model calculations
and find t(1/2) approximate to 4 x 10(4) years, only slightly larger than t
he currently available experimental lower limit, but too short for Ni-56 to
serve as a cosmic ray chronometer.