East Devon Ageing Population Flashcards
Percentage of uk population 65+
16%
How many more elderly people are there in uk compared to 50 years ago?
Twice as many
By how much will number of over 80s increase and by what year?
Double by 2037
3 negative economic implications
Tax burden and pension crisis
Cost to NHS
Less gov money for young people
How much of gov spending on pensioners?
20%
2 reasons for pension crisis
Less tax and NI contributions
Life expectancy increased
Male retirement and life expectancy 1908
R: 65
LE: 67
Male retirement and LE today
65
80
How much did NHS spend in 2015?
£134 billion
How much did NHS spend in 2000?
£50 billion
How much of welfare spending on pensioners?
55%
How does the government spending more money on pensions and NHS affect young people?
Less money spent on education and provision of leisure amenities
5 social negatives
High dependency ratio Healthcare pressure Transport pressure Housing pressure Out migration of young
What was dependency ratio when pensions introduced?
22 workers per 1 retired
What will the dependency ratio be by 2024