Population Change Ageing Populations Flashcards
What is an ageing population?
An ageing population is where there are more elderly dependents than economically active people.
What are the problems with an ageing population?
- Not enough work people to work - jobs vacant
- Not enough taxes to pay for increased need for healthcare
- The pensions crisis- people living for longer will draw their pension for longer… how will we pay for this?!
What policy France has adopted to overcome an ageing population?
A Pronatal Strategy
(they are encouraging people to have more babies!)
How have France encouraged more babies?
Hint: think of incentives that involve ‘free’ or ‘three’…
The more children a women has, the earlier she can retire on a full pension. (more free time)
Income tax - the more children, the less tax to pay.
Three years paid parental leave, which can be used by mothers or fathers.
Government subsidises daycare for children under the age of three.
Government pays for full time school places for over threes. paid for by the government
True or False:
Most European countries have an ageing population?
True
In the UK, what has happened to the age at which you can draw your state pension to overcome the pensions crisis?
The state pension age will be raised to 67 and later to 68 so people are working (and contributing tax) for longer, and drawing a pension for a shorter time.
