Thinking about ageing issues

Dalmer D. Hoskins

International Social Security Review, 2002, vol. 55, issue 1, 13-20

Abstract: Advances in longevity and falling birth rates have a profound impact on our societies, in both the industrialized and developing worlds. Demographic ageing is causing considerable concern, if not alarm, in many circles. Yet the public debate about the future of social security is often lacking in accurate and objective information. It is easier to focus on the “burden” of ageing on society than attempt to better understand the complex, interrelated nature of the issues involved, especially the rising numbers of persons of working age who are inactive and contributing neither taxes nor social security contributions. Whether the mode of pension financing is public or private, retirement income of the non‐active older population must be paid out of the economic gains of the younger working population. Social security policy is all about making plans now for future generations. This means more carefully defining the terms of the public debate, articulating more clearly the desired objectives and policies.

Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:wly:intssr:v:55:y:2002:i:1:p:13-20

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