Solutions of Aging Population

Date: 2015-10-07; view: 468.

Problems of aging population

· There may be a shortage of workers (not enough economically active)

· If there is a shortage of workers there are less tax payers and the government receives less money

· Old people tend to get more sick, so there will be an increase in pressure on hospitals

· In many countries retired people can claim pensions off the government. If there are a lot of old people this can be very expensive.

· The government has to provide places in care homes or provide services so people can care for themselves at home e.g. meals on wheels

· Elderly itself also faces problems. Such as: Many have to live alone especially women when their partner dies.

· Many can not afford cost of residential home and have to spend their life savings to be able to live there.

· Some face prejudices about getting a job, due to their age.

· Increase the retirement age. In the UK the retirement age has increased from 65 to 67

· Increase the amount of tax charged to economically active.

· Introduce private healthcare, so that the government doesn't have to pay

· Encourage people to have private pensions so that the government does not have to pay

· Economic immigration could be encouraged to reduce the dependency ratio

· Have a pro-natalist policy so that birth rates and the number of young people increase