Population ageing

China's retirement age reforms not enough to fix pension headache

Submitted by pmassetti on
reuters (24.09.2024) China's move to raise retirement ages is a starting point to plug gaping pension deficits and bolster a shrinking workforce but more pain lies ahead as the economy slows, making further reforms urgent, say economists and demographers. Aging populations are a global phenomenon, but the issue is particularly stark in China due to the legacy of its one-child-policy, which was in place for three decades and has exacerbated its demographic challenges.
Regions / Country
china
Global challenges
Topics
Pensions
Document Type

Aging and Health: Policy Considerations for Long-term Care

Submitted by pmassetti on
worldbank.org (12.09,2024) Providing care for older parents or parents-in-law significantly reduces the probability of employment and annual earnings, particularly among women and intensive caregivers, which remains the most prevalent form of long-term care (LTC) for older adults. Addressing the growing care needs of older adults requires increasing coordination, integration, and capacity building within the health and long-term care systems. Engaging the private sector can help bridge the gap between supply and demand of LTC.
Global challenges
Topics
Long-term care
Document Type

Working till your 70s — Japan's prospective gift to the world

Submitted by pmassetti on
The Japan Times (05.09.2024) Japanese people are living longer, but with a struggling pension system and the highest inflation in decades, more are delaying retirement until their 70s or later to make ends meet. Japan has some of the longest lifespans in the world, with men living an average of 81 years and women 87 years. This longevity strains the nation’s pension system, making it a case study for other developed countries with similar demographic trends.
Regions / Country
japan
Global challenges
Topics
Pensions
Document Type

China plans "bigger, stronger"social security fund to aid ageing society

Submitted by pmassetti on
Reuters (20.08.2024) China will beef up its 2.88 trillion yuan ($406 billion) social security fund, making it bigger and stronger to help support its rapidly ageing population as the number of new births and younger workforce to support its seniors shrinks. The National Social Security Fund will "effectively" respond to population ageing and "improve the policy mechanism for the development of the elderly care industry," the fund's party secretary Ding Xuedong said.
Regions / Country
china
Global challenges
Topics
Pensions
Document Type

Aging Well in Asia: Development Policies for Asia and the Pacific

Submitted by pmassetti on
Asian Development Bank (02.04.2024) Developing Asia and the Pacific is unprepared to secure the well-being of its rapidly aging population as the growing share of older people in the region face challenges from low pension coverage to health problems, social isolation, and limited access to essential services. While longer lifespans reflect the region’s development success, comprehensive policy reforms are urgently needed to support the welfare of older people, according to Aging Well in Asia: Asian Development Policy Report, released today by the Asian Development Bank (ADB) at its 57th Annu
Global challenges
Topics
Old-age pensions
Long-term care
Document Type

Le Japon et la Corée du Sud peinent à faire face à la nouvelle pauvreté de leurs seniors et nous serions bien inspirés d’en tirer des leçons

Submitted by pmassetti on

Atlantico.fr (08.05.2024) Abondance de personnes âgées, marché du travail défaillant et manque de flexibilité des systèmes de retraite ... Au Japon et en Corée du Sud, de nombreuses personnes âgées vivent en situation de grande précarité

Global challenges
Topics
Old-age pensions
Document Type

The Future of a Hyper-Aging Society Navigated by Well-Being Technology

Submitted by pmassetti on

ey.com (17.04.2024) Today, humanity is experiencing a paradigm shift and transitioning to a new era. We live in a world where every person’s well-being – the happiness of the body and mind – is impacted by social environments born of numerous changes, including an aging and increasingly diverse society, changes to how and where we work, and outbreaks of emerging diseases. This changing panorama is raising people’s interest in well-being technology, as well as its value and importance.

Global challenges
Topics
Old-age pensions
Document Type

Retiring in your 60s is becoming an impossible goal. Is 75 the new 65?

Submitted by pmassetti on

bbc.com (08.04.2024) People are living longer, and daily life is getting more expensive. It may be time to rethink the timeline for leaving the workforce. Handing in your proverbial badge as a sexagenarian has been the goal for many workers around the world: turning 65 would open a golden portal to retirement. Yet increasingly, the idea of stepping away from the workforce in your 60s doesn't seem realistic – or even sensible – for many people, especially now. Some major financial figureheads agree.

Global challenges
Topics
Pensions
Document Type

Africa Is Aging. Will It Become A Real Population Bomb?

Submitted by pmassetti on

forbes.com (20.03.2024) Africa is the most youthful continent, with 70% of sub-Saharan Africa under age 30. With high fertility rates and objections to birth control, the youth population will continue to grow. Investing in young people is important for the continent’s transformation, but Africa also needs to prepare for a growing older population that will present new issues in the decades ahead. By the end of this century, Africa will be home to almost 40% of the world’s population, including a 15-fold growth in older adults, from 46 million today to 694 million.

Regions / Country
Africa
Global challenges
Topics
Old-age pensions
Document Type