Population ageing

Malaysia. Pension system needs upgrading as nation heads towards ‘super-aged society’

Submitted by pmassetti on

pensionpolicyinternational.com (14.10.2023) MALAYSIA is undergoing a significant demographic shift towards an ageing population.  The World Bank has projected that with 14% of the population aged 65 and above by 2044, it will officially be an “aged society”.

Regions / Country
malaysia
Global challenges
Topics
Pensions
Document Type

The silver lining in India’s imminent ageing problem

Submitted by pmassetti on

pensionpolicyinternational.com (17.10.2023) India’s youthful population is often described as a key strength of the economy. India is among the youngest emerging market nations, and will remain so in the near future—a demographic dividend that makes it an attractive investment destination. According to the United Nations, a country is considered to be “ageing” if the share of the population over the age of 65 is more than 7%, “aged” when the share exceeds 14%, and “super-aged” when it crosses 20%.

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

More German pensioners are slipping into poverty each year

Submitted by pmassetti on

iamexpat.de (18.10.2023) For an increasing number of retirees, Germany’s state pension payments are not sufficient to keep up with the rising cost of living. While the Left Party are calling for a 1.200-euro per month pension, the VdK argue that insecure working conditions lie at the heart of the problem.

Regions / Country
germany
Global challenges
Topics
Pensions
Document Type

Lessons From Japan And Italy On Managing The Aging Population

Submitted by pmassetti on

outlookindia.com (28.09.2023) More than one in 10 people in Japan are aged 80 or older. About 29 per cent of its 125 million people are 65 or older, the highest in the world ahead of Italy (24.5 per cent) and Finland (23.6 per cent).

Global challenges
Topics
Old-age pensions
Document Type

The answer to the problem of loneliness and ageism among older adults may lie in community resilience

Submitted by pmassetti on

Morningstar (30.08.2023)  'Imagine what our society could look like if we focused on building resilient communities.' Ageism and loneliness are two relevant public health issues, mainly affecting older adults' mental health. As the average life expectancy increases, these issues tend to coexist and may threaten the quality of life of older adults, particularly those with significant barriers.

Global challenges
Document Type

Korea: Rapid population aging to accelerate income inequity: BOK

Submitted by pmassetti on

The Korea Times (14.06.2023) Income inequality in Korea is likely to accelerate due to a rapidly aging population, according to a report released by the Bank of Korea (BOK) on Wednesday. The report revealed that income inequality among households has worsened by 30 percent over the past 25 years, largely as a result of the aging population. "The aging population is expected to have a significant negative impact on the Korean economy, not only by lowering labor productivity and increasing the burden of care, but also by widening economical inequality," the report noted.

Regions / Country
korea, Republic of
Global challenges
Topics
Old-age pensions
Document Type

UNDESA World Social Report 2023 :Leaving no one behind un a ageing world

Submitted by pmassetti on

un.org (2023) Population ageing is a defining global trend of our time. People are living longer, and more are older than ever before. Spectacular improvements in health and survival and reductions in fertility have driven this momentous shift, which has begun or is expected to begin soon in all countries and areas. This change brings both challenges and opportunities as countries strive to achieve the Sustainable Development Goals (SDGs). In 2022, the world marked the twentieth anniversary of the adoption of the Madrid International Plan of Action on Ageing.

Global challenges
Topics
Old-age pensions
Document Type

US: The healthcare system is unprepared for an aging population

Submitted by pmassetti on

morningstar.com (08.04.2023) A conservative estimate of 30,000 geriatricians will be needed to care for older adults by 2030, currently there is only about a quarter of that. This article is reprinted by permission from NextAvenue.org. The U.S. healthcare system must address the shortage of geriatricians -- and fast. The U.S. population is growing and aging, with an estimated 42% increase in those aged 65 and older between 2019 and 2034.

Regions / Country
United States
Global challenges
Topics
Medical care
Document Type

China to raise retirement age to deal with aging population

Submitted by pmassetti on

pensionpolicyinternational.com (14.03.2023) China is planning to raise its retirement age gradually and in phases to cope with the country’s rapidly aging population, the state-backed Global Times said on Tuesday, citing a senior expert from China’s Ministry of Human Resources. Jin Weigang, president of the Chinese Academy of Labor and Social Security Sciences, said China was eyeing a “progressive, flexible and differentiated path to raising the retirement age”, meaning that it would be delayed initially by a few months, which would be subsequently increased.

Regions / Country
china
Global challenges
Topics
Pensions
Document Type

China’s big dilemma: What to do about an aging nation

Submitted by pmassetti on

The Japan Times (05.03.2023) China’s population decline, which the Chinese government officially confirmed in January, has led many observers to wonder if the country’s current demographic trends threaten its stability.

Regions / Country
china
Global challenges
Document Type