Nowadays, the increase in average life expectancy has been receiving a great deal of public attention in industrialized nations. Although there will undoubtedly be some negative consequences of this trend, some feasible solutions can be considered to address these potential problems
There are a number of problems related to this trend. First, since the demand for health care of elderly people is likely higher, more money would need to be allocated to health care for them. In fact, paying for these costs may probably be a heavy financial burden to their offspring, which could prevent them from having time for dating and having a family of their own. Second, as there will be an increase in the proportion of retired people claiming pension benefits, the proportion of younger, working adults will be smaller. This means that the government will face up to the combination of higher pension spending and lower tax revenues, which can seriously affect government spending and the economy as a whole.
However, there are several actions that could be taken to solve the problems mentioned above. Firstly, if the state increases the retirement age for working adults, perhaps from 65 to 70, people will need to work longer. This means that they would pay more in taxes, reducing the cost of government pensions. Secondly, in order to increase the number of working adults who pay taxes, the administration should encourage the immigration of working people from less developed countries. For example, more and more Vietnamese come to Germany to work after enrolling in some requirement vocational training courses due to the good labour policies for immigrant workers of this nation, which leads to reduce effectively the workforce absences.
In conclusion, various measures can be implemented to tackle the problems that are certain to arise as the populations of countries grow older.
Nowadays, the
increase
in average life expectancy has been receiving a great deal of public attention in industrialized nations. Although there will
undoubtedly
be
some
negative
consequences of this trend,
some
feasible solutions can
be considered
to address these potential
problems
There are a number of problems related to this trend.
First
, since the demand for health care of elderly
people
is likely higher, more money would need to
be allocated
to health care for them. In fact, paying for these costs may
probably
be a heavy financial burden to their offspring, which could
prevent
them from having time for dating and having a family of their
own
. Second, as there will be an
increase
in the proportion of retired
people
claiming pension benefits, the proportion of younger,
working
adults will be smaller. This means that the
government
will face up to the combination of higher pension spending and lower tax revenues, which can
seriously
affect
government
spending and the economy as a whole.
However
, there are several actions that could
be taken
to solve the problems mentioned above.
Firstly
, if the state
increases
the retirement age for
working
adults, perhaps from 65 to 70,
people
will need to work longer. This means that they would pay more in taxes, reducing the cost of
government
pensions.
Secondly
, in order to
increase
the number of
working
adults who pay taxes, the administration should encourage the immigration of
working
people
from less
developed countries
.
For example
, more and more Vietnamese
come
to Germany to work after enrolling in
some
requirement vocational training courses due to the
good
labour
policies for immigrant workers of this nation, which leads to
reduce
effectively
the workforce absences.
In conclusion
, various measures can
be implemented
to tackle the problems that are certain to arise as the populations of countries grow older.