UK managing an ageing population

Question 1

Why does the UK have an ageing population?

Answer 1

Increasing life expectancy, as people live longer, the number of old people increases.

baby booms- 1940s and 60s babys retiring.

Falling birth rate- ratio of elderly to young is greater.

Question 2

Problems caused by ageing population

Answer 2

Pressure on the pension system- funded by taxes

More elderly living in poverty- working population isnt large enough to provide a better pension

Pressure on health service

Question 3

Strategies to manage it

Answer 3

Age of retirement has increased 65 to 67

Encouraging immigration of working-age population

Encouraging women to have children- pronatal policy like in france.

Question 4

BR stats

Answer 4

1. 66 births per woman

2. 1 needed for replacement rate

Question 5

benefits of elderly

Answer 5

straight after they retire they contribute a lot through their use of amenities and leisure activities. reduces past 70 though.

Question 6

Economic impacts

Answer 6

grey pound

dependency ratio increases