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Discipline: Physics An ageing population problem 23rd March, 2015 Disclaimer: This essay has been submitted by a student.This is not an example of the work written by our professional essay writers.Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of UK Essays.

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An ageing population problem is when a country has a high percentage of old generation people.There is no doubt that the ageing population is becoming serious problem in human lives, and the population of the world is becoming older and this is one of the most significant demographic events in the world today.This is caused because of more common medical facilities, which can supply for sick or injured people quicker, and, because of advances in modern technology and scientific research, treatments for illnesses have been discovered Aging and the Professions Matilda White Riley, John W., Jr. Riley, Marilyn Johnson. nuns, etc.   His satisfaction is highly instructive for two reasons.   And finally in this brief list of recommendations which seem to flow from the strategy as elaborated in this essay, why should churches not own and operate funeral homes?.This is caused because of more common medical facilities, which can supply for sick or injured people quicker, and, because of advances in modern technology and scientific research, treatments for illnesses have been discovered.

This means that people are more possible to live longer than they would have done in the past.

The United Nations found that the ranks of 60 year olds and older are growing 1 Two solutions to the challenges of population aging.

The United Nations found that the ranks of 60 year olds and older are growing 1.

9% a year, which is 60% faster than the overall world population Two solutions to the challenges of population aging.9% a year, which is 60% faster than the overall world population.They predicted that by the year 2050, there may be four people age 15-65 worldwide.Currently the ratio in year 2000 is nine to one.These indicate that the elderly will outnumber the children (BusinessWeek 2005).Also, knowledge about good produces people healthier.

No more than twenty to thirty years ago, the most valuable thing was just to eat.But now, a majority of people desire healthy a result, knowledge about food and health make people live longer.This essay will discuss about how can the government solve these problems, and what problems might governments face with an ageing population.The ageing of population occurs because the numbers of birth rates have refused, or are declining in almost everywhere and also because older generation people are surviving to enjoy longer lives.

Nowadays, current people's educational level is very high.So, most people are more educated about the foods they eat and about health in common.Most of the current people think “Health is the most important.So, physical fitness has developed into big business all over the world.

For example, jogging, dancing and so on.Some people go to the fitness, health and Yoga club to control their health.A period exercise can avoid light or dangerous diseases.In richer countries, their birth and death rates started to decline in the 19th century or past.

It leads to effects and problems which will show in below.There is main effect of population ageing.The main effect is slower economic growth.When a large part of the population starts to move from pre-retirement to the post-retirement age group, the effect is that it slowed down the growth of the working age population.This means that there will be lower growth in per capita incomes and lower growth in the total economy.

It is believed that the results of working will be lower than before when young generation are working.On the other hand, according to the OECD, ‘older workers are more costly than younger workers, because of higher payment, fringe benefits and social payments.' But some companies do not see this situation.As the training payments for the younger workers will be far more expensive, companies are better of just keeping the younger worker.The following equation, provide by (Gemma, T, 2005) shows in the simplest terms the relationship that must hold between the numbers of pensioners and workers and their incomes: twL €°¡bR L is the number of workers and R is the number of retired people.

w is the income of each worker and b is the income of each retired person, while t is the proportion of workers' incomes transferred to pensioners.As the population ages, the ratio of non-workers to workers (R/L) increases (assuming that retirement ages do not change sufficiently to offset the rise in life expectancy).In 2004, there were approximately 4 working age individuals (aged 20-64) for every 1 person aged 65 and over.By 2056 this ratio is predicted to fall to about 2:1.The result of this is that one (or a combination) of the following must occur: 1.

The incomes of retired people will have to fall relative to those of working age people (b/w falls), 2.The proportion of workers incomes transferred to pensioners (t) will have to rise, 3.This increases the number of workers and decreases the number of retired people (Gemma, T, 2005).As can be seen in this article, if the age of retirement is upping, the numbers of workers are increasing and numbers of retired people are decreasing.

Another solution is that employ people who foreign workers.Nowadays, it is difficult to immigrate to rich country for them who live in poverty countries.If the government makes it easier than before, it will not be happen.According to David in this article, there are three of solutions.European countries will have to rise the retirement age and draw more people, especially women, into the labour force.This will require much more flexible labour markets.If Germany were to rely on immigrants to keep its ratio of workers to pensioners constant, its population would consist of 80 per cent foreigners by 2050.

This does not mean traditional roles for women.Italy, where few women work, has on of the lowest birth rates in the world.

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(David, M,2003) It can be seen that it leads to many problems, there are three main problems.

It is widely believed that the elderly people is increasing nowadays, however, there is no enough place to support them to keep their good condition of health.Good health is about more than just physical wellbeing Mr. £mbury sends a word or two of goodhumoured addition to our notice of “Every Man His Own Trumpeter.   the gentleman who presided over public education in France – we abstain from writing his name, as he has now gone to his grave—decreed the abolition of the grade of   A less-educated order of youths entered..Good health is about more than just physical wellbeing.

It's about people's happiness and mental wellbeing too.However, for example, in Korea, a lot of elderly people have to care for themselves even they can get a money from the government, because that money is not enough to live Should i purchase custom ageing essay College Junior British MLA 12 hours.

However, for example, in Korea, a lot of elderly people have to care for themselves even they can get a money from the government, because that money is not enough to live.

In addition, they do not have opportunities to work to earn money.In my opinion, older people should have satisfactory financial security to continue their quality of life and wellbeing help me do an engineering lab report Platinum Business single spaced.In my opinion, older people should have satisfactory financial security to continue their quality of life and wellbeing.People are living longer, and gradually more demand nursing care, medication and management as their health get worse.Nurses working with older people need to empathise that the older patient has had a lifetime of dealing with stressors and in doing so have developed a range of coping mechanisms which include cognitive, behavioural and emotional responses and methods (Morris, V, 2007).Thus, the government should consider that improved financial planning for older age, increasing older people's incomes and reducing costs for older people.

Many of the actions necessary to deal with these priorities are central government responsibilities.However, the importance of these issues is recognised within the county.Ageing may be accompanied by deteriorating health, a declining quality of life and increased demands on the health services (Department of Health, 2005).Some people argue that spending money on the elderly is a waste of money; it is better to spend on the young who can still contribute to society, however, we must first look at the fact that the elderly were once the young and were contributing to our society.Without their effort our developed society, which we succeed in, may not have been achieved.

The spending, on the elderly, could therefore be seen as the least we could do for all the profits they worked for to give to us.However, there is the other side of the coin.If we were to spend money on the young, it would possibly have benefits for our society in the future.For example, if we were to spend money on education we could try and make sure that the young would develop into highly skilled workers, able to compete in the global economy.The elderly, as we already recognize, cannot contribute to society and we could say that further spending is a waste of money, when there are so many more benefits when spending it on the young.

We could therefore say that the time has passed for the elderly.Elderly people can abuse or neglect themselves by not caring about their own personal health and well-being.Elder self-neglect can lead to illness, injury or even death.Common needs that the elderly person might deny themselves or ignore are the following: Sustenance (food or water) Adequate clothing for climate protection Proper shelter Essential medications (The Economist, 2004).Many countries already have occupied steps toward developing their old-age social insurance programs which can help them who elderly people.

In my opinion, every country should have those programmes; it brings about elderly people feel more comfortable.Another problem that the organizations face is the loss of knowledge resulting from older workers leaving the organization without passing on their knowledge to others.As greater numbers of “knowledge workers” retire, they take with them insight about managing key customer relationships, handling exceptions to critical processes and a host of other experiences that can cost organizations significant amounts of time, energy and resources to recreate or replace.This will cause the organization to repeat their past mistakes and expose itself to additional financial and operational risk.General Kofi Adnan, United Nation secretary, said that “in Africa, it is said that when an old man dies, a library disappears” (BusinessWeek 2005).

Finally, the government might be face with ageing population problems, thus, there are some solutions which the government should do.As this essay mentioned that age of retirement is upping, more babies and let in more immigrants.In addition, the government should try to find out more solutions.For example, the Australian government has three decision which are raise taxes for the young, It can use funds, which were to be used for other pressing long-term concerns e.environmental degradation and It can try to get the money to fund the bulge in the population by getting money out of them whilst they are still at working age.Also, campaigners for the elderly have suggested a number of solutions for the supposed problems.For instance the government could pay for long-term health care costs and the residential costs paid for by the individual.The government must also stress the need to younger generations to plan for their future by investing in private pensions as it has been estimated that around 8 million people in work are not members of occupational or personal pension schemes (Lg-employers,2004).In conclusion, an ageing population means that better and more general services will need to be created to supply for the elderly.

If society is willing to change its attitudes on the elderly then in the future they will be treated with respect rather than a trouble.Video: Discover UK Essays! The Singapore An Aging Population Economics Essay Print 23rd March, 2015 Disclaimer: This essay has been submitted by a student.This is not an example of the work written by our professional essay writers.Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of UK Essays.

Ageing is the accumulation of physical, physiological and social changes in a person over time.

It is a phenomenon that every individual is bound to experience.Therefore, it is only natural for one to hope to live in a society that respects, supports and caters to various needs of the elderly.Today, governments around the world are facing the tough challenge of providing adequate healthcare and housing for the elderly.Due to the possible ineffective allocation of funds or the lack of concern for its elderly citizens by the government, there is a possibility that a large proportion of the aged are neglected and are left scrounging for basic necessities while struggling with myriad health issues associated with age.Singapore currently has one of the fastest growing economies in the world.

However, it also has an extremely low birth rate and an appallingly high rate of ageing.

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Approximately 10% of the population of 5 million is aged over 65.This figure will increase to about 25% by the year 2020.With such shocking statistics, many questions come to mind .With such shocking statistics, many questions come to mind.

A young man may worry about how he will find the means to support his elderly parents as well as his own family.

 A woman close to retirement may be concerned about her future and wonder whether she would have to perform menial jobs to make ends meet Best websites to order custom essay ageing high quality Graduate Writing from scratch British Standard.A woman close to retirement may be concerned about her future and wonder whether she would have to perform menial jobs to make ends meet.It is the duty of any government to give priority to the needs and demands of its citizens and take steps to address them.Thus, Singapore's Government has to formulate policies that address the possible problems of an aging population and take preventive measures to counter the same.Stakeholders Involved Before attempting to solve the problems of Singapore's aging population, it is critical to identify the stakeholders involved term paper.Stakeholders Involved Before attempting to solve the problems of Singapore's aging population, it is critical to identify the stakeholders involved.By studying the effects of an ageing population on these stakeholders, the potentially negative effects of this issue can be mitigated, and future problems can be anticipated.

Especially with the ever-changing social demographics and economic conditions, the inter-connectedness of the pressure which an aging population would exert on our country as a whole should not be underestimated, especially during the phase when identified secondary social stakeholders transit to primary social stakeholders.Primary stakeholders include: 1) Senior citizens Senior citizens are the very group of people to experience the most impact as their well-being is at stake.General concerns for these group of stakeholders include: Would the future generations be able to support the increasing proportion of senior citizens? Are infrastructure and public services elderly-friendly? Will the Singapore Government introduce more schemes and policies aimed at improving the situation? 2) Working Singaporeans As an ageing population increases demand for healthcare and other services, the financial pressure on Singaporeans rises too as the taxes they contribute to support these services increases.This decreases the income they bring home and directly affects their spending power.3) Singapore Government With a shrinking workforce, a drop in the economic growth rate is inevitable.

The government is responsible for the introduction of suitable policies to contain the situation.Besides, the government has to ensure that Singaporeans adopt an optimistic view on the matter and create nation-wide awareness on the impacts of an ageing population.Secondary stakeholders include: 1) Future generations Currently, the implications of an ageing population have yet to fully present themselves and the Singapore Government is absorbing most of the effects at current situation.However, if statistical studies prove right and the proportion of senior citizens to working Singaporeans increases, the effects would be more severe and Singaporeans would have to share the burden of supporting the ageing population in later years.Therefore, our future generations will also face the same negative effects of the ageing population that current Singaporeans face.

2) Businesses As Singapore's population is growing older, there will be a relatively fewer number of people in the working sector.Businesses and organisations will be affected by the lack of young and skilled workers.As a result, additional funds may have to be spent on trainings to help the older workers master new skills.Furthermore, due to higher taxes burden on households,purchasing power of individuals will decrease significantly.This will eventually affect the growth of businesses.

The secondary stakeholders neither directly affected nor involved in the problem.Future generations have yet to be affected by the problem of ageing.When the situation worsens in future, our descendants will have to support their elders and will also be affected by higher taxes.They will subsequently become primary stakeholders.As we can see, large sections of the society are affected by this issue and will continue to be affected by the continuous increase of ageing population.

Hence, immediate steps have to be taken in order to minimize the damages caused by this issue.Figure 1 (insert) The Implications Of An Aging Population Singapore has one of the highest proportions of elderly citizens in the world, and second only to Japan in South East Asia.Society The Declining Standards of an Individuals Health Research suggests that as individuals age, they are increasingly prone to numerous health risks.

The risk of malnutrition heightens with age with 3 in 10 elderly at high risk.( /blog self/ ?page=viewentry&id=133)As a person ages, problems like diabetes or parkinson's sets in, along with dietary restrictions.One can also expect an overall deteriorating quality of physical health.For instance, psychomotor skills deteriorate, resulting in stifled physical independence. Osteoporosis, a disease in which causes the bones to become less dense affects large numbers of our elderly.

Additionally, mental health starts deteriorating with the onset of illnesses like dementia and depression.As one ages, quality of health will undoubtedly follows a downward trend.Coupled with an increasing number of citizens aged 65 and above.this leads to a decrease in the standard of health over a period of time.

This would in turn give rise to new industries and businesses revolving around health care, with niche specialisations in care for the aged.

It is important for the societyto provide services that target the aged.Moreover, the World Health Organization (WHO) has stated that not all ofthe aged will be in need of health care services if society helped them lead an active lifestyle.Therefore, the population growth forecasted in future years, urban economic countries will lack the appeal to attract immigrants.(Kresl, Peter Karl & Letri, Daniele (2010)) Being a small country with low birth rate, Singapore may face some challenges in attracting foreign talent to our city in future.Therefore, our society may face difficulties in employing a sufficiently skilled workforce to maximise output.

Effects On Future Generations As the population ages, there will be an increasing demand for goods and services in the healthcare sector.A government's duty is to serve its people, and society as a whole would expect basic health care services to be provided.Consequently, there will beincreased pressure on the government to provide for health care.

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Monetary costs would be incurred and would be passed on to society in the form of increased taxes.With the dismal birth rates we see today (1.

22 births per woman in 2011, down from 1 Only real comments, honest feedback and true experience of every customer who already tried our services..22 births per woman in 2011, down from 1.

83 in 1990), tax burdens on future generations (who will then become primary social stakeholders) will only increase as time goes by.(2012)) There is an inverse relationship between the dependency ratio (percentage of the population who are too old or too young to work) and birth rate of a country.Naturally, an increasing dependency ratio can be attributedto a declining birth rate I always see them in the community doing completely different things and then an hour, two hours later I see them somewhere else doing something else. I wonder   Besides staying active, reflection is a key component of successful aging.   Writing as an 86-year-old, she muses that “I do not remember becoming old..

Naturally, an increasing dependency ratio can be attributedto a declining birth rate.

 If the birth rate continues to stagnate or drop, the dependency ratio would only increase at a faster rate in the future.This translates into a heavier burden on the working population to maintain economic growth and to provide for dependent citizens.The Reverence of The Silver Generation to Society It is evident that the elderly exert a major influence on our social fabric.They carry with them the cultures, traditions and values that make our country what it is today.The hard work and time that they put in to raise educated, motivated and refined citizens of this generation is the reason why our country has reached this level of success.

As the saying goes, with time comes wisdom.Therefore, the silver generation is much revered, and as per asian cultures, due respect and care should be given to them.As the elderly before us have served the country by contributing to it in various aspects, Singapore's government should have a sense of filial piety to them.Since the government is a primary social stakeholder involved in the issue of an ageing population, it has introduced many government initiatives to solve arising problems.Summing Up To handle the implications of an aging population, we should seek to improve elderly standards of living and encourage them to contribute to society even at an age past retirement.

The government should also take up initiatives to help senior citizens fit in and continue to be part of the workforce even at a ripe old age.Businesses Productivity Issues In Organisations A large proportion of senior citizens in a population indicates a decline in size of a productive workforce. According to the UN's latest biennial population forecast, the median age for all countries will rise from 29 to 38 years by 2050.(SOURCE) We may safely assume that the dependency ratio will increase dramatically over the next few decades.

Organizations looking to expand productivity would be reluctant to hire older workers.Those following a profit maximising model opine that it would be more cost efficient to hire younger workers due to their higher productivity.Additionally, during periods of recession, more often than not, older workers are among the top few in the retrenchment list.However, this contraststhe fact that older workers bring with them a plethora of experience and wisdom, which can only be gained over time. Despite cost inefficiency, it is unfair to be against the notion of hiring of older workers.

Singapore's government foresaw these issues and implemented new legislations to curb age discrimination at the workplace.As of 1 Jan 2012, under the Retirement and Re-employment Act (RRA), the statutory retirement age was set at 62, and companies have to offer re-employment contracts to workers up to the age of 65./employment-practices/employment-rights-conditions/retirement/Pages/ With these new initiatives, it can be seen that the government is indirectly engaging all business organisations through legislation.These businesses, which were once secondary social stakeholders, are now evolving into primary social stakeholders in this issue of an aging population.Increase In Demand For Health Care &Elderly-Specific Facilities Many countries, including Singapore, have been working towards providing better care, not just in clinics and hospitals, but also within the community and at home.

To enhance accessibility for the elderly, the government has taken up many initiatives and projects to improveliving conditions for the elderly.For example, the Enhancement for Active Seniors (EASE) programme implemented by Singapore government introduced slip-resistant bathrooms and even installed grab bars within flats.Other projects include life upgradation, buildingofbarrier-free features such as ramps and the levelling of steps .In order to provide a more accessible healthcare services, the Singapore government has given more emphasis on home and community-based services, which include the expansion of social rehabilitative care places .More subsidies have also been introduced to support the poor and those from middle-income families.

The growing ageingpopulation has resulted in the growing demand for facilities and the expansion of subsidies which is putting great pressure on government.Government spending on health care is estimated to increase even further in the futureas more money is required to support new initiatives and expansion of the existing initiatives.There is also a need to hire more health professionals, for which more resources and funds are required.As a result, the allocation of the budget towards healthcare is expected to rise as related spending would increase to about twice by 2030.

Government Government policies not only have a positive impact on the lives of the elderly, but may also have a negative impact on businesses.Business owners may feel restricted by such employment policies and may decide to move out of Singapore.They may also stop supporting the government in the elections .The government relies heavily on taxes from small and large businesses for its sources of revenue.If these businesses were to change location or move out of Singapore due to restrictive policies, revenues would fall.

A drop in revenue would mean that the government has less to spend on other facilities for its people.Furthermore, relocation of businesses would result in widespread loss of local jobs.The result is a higher dependency ratio, higher unemployment rate, less revenue for the government and the slowing down of the economy.Thus, the government should ensure that any policy related to ageing does not anger or upset the sentiments of various businesses and should keep in mind what is at stake.Summing Up Let us consider the repercussive chain of effects of aging population.

Firstly the number of people in the workforce would drop, with a corresponding increase in the dependency ratio.

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This translates into a drop in output /productivity of individual businesses and the economy as a whole.As Singapore's GDP is very dependant on both our import/export sectors and consumerism this could cause Singapore's economy to go into a slowdown.One might argue that there would be an increase in the growth due to the consumption of more healthcare You would therefore have an introduction looking like this (as they say in films: in order of appearance): Figure 5.3 Structure you should use to write a good essay 1. First few sentences: background information (such as size of economy, changes in market). Next few sentences: a brief mention of the ageing problem..One might argue that there would be an increase in the growth due to the consumption of more healthcare.

However the drops in productivity would be greater than the increase in consumption of healthcare.

Eventually, there will be an increased burden on the current workforce to maintain economic growth.Finally, if nothing is done, a vicious cycle commences, and future generations would find it increasingly difficult to provide for the previous generations and support the economy.(Picture - Singapore's indicator of ageing) Actions Taken By Singapore's Government Singapore's government recognises that the increase in the ageing population will lead to several consequences that will affect all sections of society, as well as the economy of the country where to buy alternative medicine paper PhD single spaced American.(Picture - Singapore's indicator of ageing) Actions Taken By Singapore's Government Singapore's government recognises that the increase in the ageing population will lead to several consequences that will affect all sections of society, as well as the economy of the country.Hence, in order to support the older population, the government has put in place various policies and introduced newschemes.In 2004, the government set up the Committee on Aging Issues.

This committee comprised ofprivate and government representatives who came together to discuss issues related to ageing. The recommendations for solutions related to these issues were presented in a report and were passed for implementation.They aimed at enhancing employability, improving healthcare facilities, promoting active lifestyles and financial independence.The government also aims at establishing concrete facts about our population and conducts frequent surveys to gauge the physical and mental health of seniors.It also identifies areas to improve the wellbeing of its citizens.

(Reference: /Portals/0/Topic/Issues/EDGD/Brief%20on%20Ageing%20Population%20(Public).Housing As seen from Figure 1 (Singapore: Indicators of Ageing), the proportion of Singaporeans aged 65 and above will significantly rise in the coming years.Hence, there is a need for the government to introduce schemes that provide adequate housing that caters to the needs of elderly such as their health, mobility and security, which is of utmost importance.Some schemes that the government introduced were the Multi-Generation Flats in 1987 and Granny Flats in 1991.

However, they were not very well received.A more successful initiative was the implementation of Project LIFE ( Lift Improvement and Facilities Enhancement for Elderly).(Reference: /pdfDownloads/Day1/D1 plenary/plenarySession 1/Housing%20developments%20for%20ageing%20population%20in%20Spore%20-%20yap%20chin% ) This proposal aims at creating lifts in Housing Development Board (HDB) flats so that every floor is serviced, for the convenience of the elderly and the handicapped.The government expects complete adoption of this plan in all HDB flats by 2014.In addition, integrated studio apartments were also incorporated into each housing block and came with spaces for social and communal gatherings.

In the year 2011, the government introduced the idea of barrier-free housing environments which involved the building of handicap ramps and pathways to facilitate easy movement of wheelchairs.Therefore, continuous modification of housing landscapes aims at meeting the needs of citizens and to provide a comfortable shelter for each and every senior citizen.Transport Public transport has also seen improvements and is somewhat more 'elder-friendly'.In 2006, MRT stations were modified and made barrier free.

Today, approximately forty percent of our buses are wheelchair accessible.Encouraging re-employment Due to the negative impacts of ageing population on the workforce productivity, the government has seen the importance to tackle on this problem so as to sustain economic growth.Hence, the 2005 appointment of a Tripartite Committee (government, employers and trade union) on Employability of Older Workers by the Minister for Manpower addressed the issue by implementing several measures (Thang, L.One of the measures is the the enactment of Retirement and Re-Employment Act (RRA) which was put into effect on 1 Jan 2012.The Tripartite Committee formed the Tripartite Implementation Workgroup to help employers carry out this initiative.In October 2007, the Tripartite Implementation Workgroup formed by the Tripartite Committee was to assist companies in the implementation of the re-employment measures.In order to further encourage the implementation of re-employment schemes for older workers, companies were given financial support of up to $400,000 for policies that were placed in line with the re-employment legislation.

Workforce Development Agency also subsidized the re-training programmes that were put in place by employers.

in addition, Continuing Education and Training (CET) master plan was launched in 2008 by the Ministry of Manpower to provide trainings for employees so that they will be equipped with skills that keep up with the pace of the fast-growing industries.While the government attempts to encourage re-employment of older workers, they have to ensure that younger employees and employers are willing to accept them.This is because older workers are generally perceived as unproductive and inflexible.Hence, measures have been put in place foster an age-friendly working environment.This is done by introducing national awards to acknowledge companies with the most progressive and unbiased practices.

The Tripartite Alliance for Fair Employment Practices (TAFEP) has also put in place many guidelines to advocate on fairness and to discourage discrimination of the old-aged employees.(2011)) Hence, by encouraging the older employees to continue working, andby changing mindsets to accept older workers, Singapore's workforce and output can be maintained at the current level of integrity.The Tripartite Implementation Workgroup was a relative success as by February 2009, 706 unionized companies have committed to re employment while 4650 workers over age 62 were re-employed by the end of 2008.Ensuring financial stability for the aged Due to the decreasing fertility rate in Singapore, there will be a heavier financial burden on the future generations, and it is possible that the older generation may not be financially independent.The Workfare Income Supplement (WIS) Scheme was introduced in 2007 to ensure that Singaporeans will have sufficient savings for their retirement.This scheme encourages the older workers who are earning low-paying salary to continue working so that they can accumulate more CPF savings. In order to supplement higher take-home pay and reduced CPF rates, the Government began to give elderly workers part of the WIS in cash so that they can afford for their basic needs.

(Reference: /Members/Gen-Info/ ) Furthermore, due to the increase in life expectancy, the government plans to increase the Minimum Sum Draw-Down age from 62 to 65 by the year 2018.There were also plans to introduce a longevity insurance scheme.This will ensure that CPF members can be assured of a basic income as long as they live.

Help me with a ageing essay rewriting american 91 pages / 25025 words a4 (british/european)

(Reference: /Portals/0/Summary/pressroom/ ) 5.Healthcare In face of the current trend that can be observed in Singapore, it is essential that healthcare services are improved to cater to the needs of the older population.

Thus, the Ministry of Health introduced a Chronic Disease Management Programme which empowered physicians to adopt a holistic approach in the treatment of diseases How to Care for Your Aging Parents Lifehacker.Thus, the Ministry of Health introduced a Chronic Disease Management Programme which empowered physicians to adopt a holistic approach in the treatment of diseases.

Furthermore, the ElderShield Scheme for the disabled was enhanced in 2007 to help increase affordability of medical services by paying $400 per month for up to 6 years.There was a 60% improvement from the previous scheme 23 Mar 2015 - The Singapore An Aging Population Economics Essay. Print. Reference this   This is not an example of the work written by our professional essay writers.   Therefore, our future generations will also face the same negative effects of the ageing population that current Singaporeans face. 2) Businesses..There was a 60% improvement from the previous scheme./content/moh web/home/costs and financing/schemes subsidies/ In addition, the Ministry of Community Development, Youth and Sports (MCYS) and the Ministry of Health (MOH) are also conductinga review of eldercare services aimed at bettering facilities such as daycare centres, rehabilitation centres and home help services23 Mar 2015 - The Singapore An Aging Population Economics Essay. Print. Reference this   This is not an example of the work written by our professional essay writers.   Therefore, our future generations will also face the same negative effects of the ageing population that current Singaporeans face. 2) Businesses../content/moh web/home/costs and financing/schemes subsidies/ In addition, the Ministry of Community Development, Youth and Sports (MCYS) and the Ministry of Health (MOH) are also conductinga review of eldercare services aimed at bettering facilities such as daycare centres, rehabilitation centres and home help services .The concept of active ageing was developed by the European Commission in 2002 golge.com/essay/ageing.php.

The concept of active ageing was developed by the European Commission in 2002.

It brings forward the idea of higher retirement age and longer period of activity in the workforce golge.com/essay/ageing.php.It brings forward the idea of higher retirement age and longer period of activity in the workforce.It has been proven that leading an active and directional life improves the overall well-being of an individual and helps keep illnesses and diseases at bay.Active ageing was introduced by the Singapore government in order to ensure self sufficiency of citizens after retirement.It established the Council for Third Age(C3A) in May 2007 to promote active ageing and fund community-based events related to active ageing.In addition, due to the increase in degenerative diseases that require expensive treatment, the concept of active ageing is gaining more importance.

It is said that the cost of treatment for the older generation will cost two to three times more than that needed for the younger population.(Reference: /Health/News/Story/ ) What Does the Future Hold? Our population is ageing at a rate faster than in countries such as Australia, South Korea, UK and the USA.The number of citizens aged 65 and above will show a sevenfold increase by the year 2050.So what does this mean for our future? Firstly, our country will be more prone to external invasion.

Presence of an ageing population is an indicator that our defense is weakening.We will have fewer young people to fill the ranks of the army, and fewer physically fit citizens to defend us in times of need.Our future and survival will be threatened.Secondly, economic growth will slow down.Singapore will no longer be seen as a hub of young, talented and competitive individuals by global MNCs.

They may no longer want to invest and set up their offices here.Furthermore, with fewer individuals to pay income taxes, the government will have less money to spend on healthcare, infrastructure,etc.As a result, taxes will increase, leaving people less to spend on themselves and their family.The demand for healthcare services will rise, but will not be sufficiently subsidised by a government which does not have enough resources.Singapore is at the brink of entering a vicious cycle .

If immediate short-term and long-term measures are not taken, we are bound to find ourselves moving backwards and reaching a rate of growth similar to what we had many decades ago.Enhancing senior citizens' value in the organization through empowerment In line with the re-employment policies the government has in place, we suggest that organizations create appointments and titles specially aimed at empowering senior citizens.They should ensure thatthese creations are aligned with the capabilities of these senior citizens.

Likewise, existing positions shouldbe modified according to their capabilities.

The purpose of thisis to enhance their value and well-being in the workplace where they are often regarded as liabilities more than assets.With such initiatives, senior citizens will be able to perform better, with more flexibility and recognition within the organization.This also widens the operating structure of organizations, allowing for more variety of specialization.At the same time, organizations could tap into their experience and expertise, especially for crisis management and advisory roles.Even within the Singapore Cabinet, forefather Lee Kuan Yew is still actively involved in local politics at the age of 89 and the titles "Minister Mentor" and "Senior Minister" were specially created to continuously empower him.

Continuous active promotion of healthy aging from small communities Presently, Senior Citizens' Executive Committees (SCECs) under the People's Association (PA), the largest senior citizens' network in Singapore, organizes a wide variety of activities and courses aimed at enhancing senior citizens' life experiences.They are usually conducted at a national level, and seldom reach out to the smaller communities.The government could engage Resident Committees (RCs) and Community Centres (CCs) in neighbourhoods to aid in promoting healthy aging.Subsidised or sponsored activities could be one alternative to attract senior citizens to actively exercise healthy aging.

Constant awareness can be achieved through newsletters and pamphlets mailed to letterboxes.Strengthening family ties It is important for our society to realise the value and importance of senior citizens.They should not be viewed as burdens; instead they should be seen as extraordinary citizens who brought us as well as our country to the position we are in today.Hence, it is expected that we, the younger generation, give them the deserved care and respect without any ulterior motive in mind.

We feel that the indoctrination of these strong values should begin at a young age. Special programmes should be introduced into schools in order to promote togetherness within the family.Children should be educated about the importance of elders in society and should be taught to always show them respect and kindness.The media can also play a role an important in this process by occasionally publishing articles that portray the elderly in a good light.