Flashcards in Geography- Case Study- PC- ageing population- Uk Deck (6)
Is the dependency ratio becoming higher or lower?
What are the four main issues of an ageing population?
What percentage of the of the NHS budget is spent on treating over 65?
What is the UK government doing?
-increase retirement and pension age for women to 65.
-State pension age will be raised to 68 for everyone by 2050
-To cut costs, the NHS restricts access to drugs for diseases of old age.
-Increasing financial benefits and employment rights for pregnant women to support the birth rate.
-To offset worker shortages, help the economy to grow and get more tax the government has welcomed migrant workers
What advantages are there for an ageing population?
-Many do voluntary work or provide valuable childcare for grandchildren.
-Some pensioners are well off and spend money in the leisure sector at off peak times of the year; they extend the holiday season in coastal resorts.
-Some manufacturing companies have built successful businesses targeting elderly people – e.g. makers of chair lifts and mobility vehicles.
-Many in good health will work beyond retirement age – new anti-ageism laws will make this easier. Some companies (e.g. B&Q) have openly recruited retired people.
-Pensioners till pay tax on income and savings.