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August 2024

27Aug

US. National Center to Reframe Aging partners with SAGE USA to enhance advocacy for LGBTQ+ elders

The National Center to Reframe Aging — which provides expertise in effective communication strategies surrounding aging issues — has established a strategic partnership with SAGE USA. This collaboration aims to educate SAGE leadership and the SAGE National Resource Center (NRC) on LGBTQ+ Aging on the principles of reframing aging. The National Center to Reframe Aging will be a strategic partner supporting the SAGE National Resource Center on LGBTQ+ in their efforts to reframe their education and advocacy communications on aging. The team will provide...

August 27, 2024
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23Aug

Brazil’s population decline will happen sooner than predicted

The Brazilian Institute of Geography and Statistics (IBGE) has periodically published findings from the 2022 Census. The population count flagged the fast and steep aging of the Brazilian population, and new projections from the IBGE now show just how steep this process is. According to the new calculations, which factor in indicators such as fertility rate (number of births per woman), life expectancy, and migration, the Brazilian population will increase from the current 203 million inhabitants to 220 million in 2041 — when it...

August 23, 2024
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22Aug

Impact of COVID-19 on Healthy Life Expectancy of Older Adults in the Region of the Americas

The Region of the Americas has experienced a significant decline in the health life expectancy (HALE) of older adults at age 60 due to the COVID-19 pandemic. New data from the WHO Global Health Observatory reveals that the HALE at 60 years old was reduced from 16.61 years in 2019 to 15.21 years in 2021 in the region. This dramatic decline underscores the severe impact of the pandemic on older populations, reversing years of advancements in public health and longevity. The...

August 22, 2024
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20Aug

China plans ‘bigger, stronger’ social security fund to aid ageing society

China will beef up its 2.88 trillion yuan ($406 billion) social security fund, making it "bigger and stronger" to help support its rapidly ageing population as the number of new births and younger workforce to support its seniors shrinks. The National Social Security Fund will "effectively" respond to population ageing and "improve the policy mechanism for the development of the elderly care industry," the fund's party secretary Ding Xuedong said in comments made in Communist Party newspaper, the Study Times...

August 20, 2024
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19Aug

How to solve the crisis of the pension system in the EU?

The demographic time bomb in Europe has been ticking for decades. The countries of the European Union are getting older, and people are living longer. More than a fifth of the population of the European Union is now aged 65 or over. That number is expected to grow to a third by 2050. Last year, the World Health Organization warned that in 2024, the number of people over the age of 65 will exceed the number of people under the...

August 19, 2024
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July 2024

31Jul

Pension Systems (Un) Sustainability and Fiscal Constraints: A Comparative Analysis

By Michael Wickens, Vito Polito & Burkhard Heer Using an overlapping generations model, two new indicators of public pension system sustainability are proposed: the pension space, which measures the capacity to pay for pension expenditures out of labour taxation, and the pension space exhaustion probability reflecting demographic uncertainties. These measures reveal that the pension spaces of advanced economies are strikingly different. Most nations have little scope to further finance pensions out of labour income  taxation over the next thirty years....

July 31, 2024
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24Jul

US. AARP reveals proposals for national plan on aging

AARP, the interest group advocating for the wellbeing of older Americans, revealed in a policy paper this month its priorities for a national plan on aging that sufficiently recognizes the changing demographics of the U.S. population, and the trend that will see 20% of all Americans become at least the age of 65 by 2030. “While other countries are responding to these changes by developing and implementing national strategic plans to help them meet the challenges and maximize opportunities to increase...

July 24, 2024
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24Jul

Ageing societies require holistic approach to fiscal policy making

Several Asia Pacific countries are ageing fast due to falling birth rates and people living longer because of access to better healthcare. This is not unique to the region and is part of a global megatrend. What is unique, however, is the speed at which these Asia Pacific countries are becoming aged societies. As a comparison, while France and Sweden took 115 and 85 years, respectively, to progress from being an ageing society (with 7-14 per cent of the population aged...

July 24, 2024
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22Jul

China to allow delayed retirement to combat population woes

 China will gradually raise its statutory retirement age, now among the world's lowest, to allow people to work longer, as it struggles to relieve soaring pressure on pension budgets, with many provinces already facing deficits. The reform is urgent, with life expectancy having risen in China to 78 years by 2021 from about 44 years in 1960, outstripping the United States, and is projected to exceed 80 years by 2050.   Sunday's announcement came in a key policy document that also rolled...

July 22, 2024
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19Jul

World Population Prospects 2024

By United Nations  The 2024 Revision of World Population Prospects is the twenty-eighth edition of official United Nations population estimates and projections that have been prepared by the Population Division of the Department of Economic and Social Affairs of the United Nations Secretariat. It presents population estimates from 1950 to the present for 237 countries or areas, underpinned by analyses of historical demographic trends. This latest assessment considers the results of 1,910 national population censuses conducted between 1950 and 2023, as well as...

July 19, 2024
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