Wow, that is... inaccurate. Let's have a look.
(EDIT: to clarify, format is substance (% present in used fuel): half life
U238 (~94% of used nuclear fuel): ~4.5 billion years
Pu (~1% of used nuclear fuel): 24 000 years
Sources:
http://www.techniklexikon.net/d/abgebrannte_brennelemente/ab...
http://en.wikipedia.org/wiki/Plutonium
http://de.wikipedia.org/wiki/Liste_der_Isotope/7._Periode#92...