Our Population is Aging

Do you notice – Our Population is Aging

And we are facing –

More people in some type of Assisted living center

Care-giver burden

grave problems

Problems with elderly person’s income and economic welfare.

Loneliness is another issue.

neglect/abuse and crime against the elderly.

POPULATION AGING IS A WORLDWIDE PROBLEM – IT HAS MANY POTENTIAL CONSEQUENCES AND IT COULD GET A LOT WORSE

CREATING VERY OLD PEOPLE:
ARE WE READY FOR THE CONSEQUENCES?

Social security systems have also begun to experience problems. Earlier defined benefit pension systems are experiencing sustainability problems due to the increased longevity. The extension of the pension period was not paired with an extension of the active labour period or a rise in pension contributions, resulting in a decline of replacement ratios. In recent years, many countries have adopted policies to strengthen the financial sustainability of pension systems, although the challenges regarding pension adequacy remain.