Treasurer Jim Chalmers has been accused of double standards by allowing Prime Minister Anthony Albanese and veteran public officials to delay paying the new superannuation tax until retirement. Interest will be charged annually on the deferred tax liability at the long-term government bond rate, currently about 4.5 per cent. Read More @@afr
By yprian M. Mostert, Catherine Ajalo & David Andai We appreciate the thoughtful feedback from scholars who suggest thatwe should have used life expectancy at age 45 or 25 to support ourargument for pension reforms in Africa. While life expectancy at thesespecific ages provides an average estimate of the remaining lifespan, itdoes not capture the nuances of individual survival probabilities, mak-ing it less reliable for certain analyses. This remains a debated topic inthe literature.1,2 Life expectancy at birth, on the...
A study in the Journal of the American Geriatrics Society indicates that social engagement may help older individuals live longer. In the study of 2,268 U.S. individuals aged 60 years and older who completed the Psychosocial and Lifestyle Questionnaires and provided blood samples in 2016, there was a strong association between engaging in social activities and a low risk of 4-year mortality. High social engagement was associated with a 42% lower mortality risk than low engagement. Specific activities, such as charity work, engaging...
Air pollution is a growing health issue worldwide, and its impacts are often underestimated in aging societies like Japan. A new study led by researchers from the University of Tokyo highlights how fine particulate pollution, or PM2.5, not only worsens health outcomes, but also creates significant socioeconomic challenges in regions with aging populations and limited medical resources. The researchers hope these findings motivate policymakers to tackle the interrelated issues behind this problem. PM2.5 refers to microscopic particles of pollution small...
By Asian Development Bank The report explores four linked dimensions of well-being: health, productive work, economic security, and social engagement. It highlights the need for lifelong investment in human capital, a life-cycle approach to intervention for age-specific needs, and population-wide outreach to people of all ages. It provides concrete recommendations in the policy domains of health, employment and retirement, pensions, long-term care, and community-level support. Get the report here
At the age of 74, Wang Youlin had never imagined he would face the debilitating grip of depression. His life, once filled with laughter, adventure and the joy of watching his children grow up, began to unravel quietly in the months following his retirement. A formerly active man, he had been a basketball coach, shaping young minds and building lasting friendships with his students. But over time, something changed. The first signs were subtle. Wang, who usually got up at six...
Just a fifth of UK savers (19%) have fully considered getting a serious illness in their retirement plan, according to research by consultancy Barnett Waddingham. Its At retirement reckoning report, which surveyed more than 5,000 UK employees, also found that 25% of respondents under the age of 50 have prepared for this possibility, compared to just 16% of those aged over 50. Two-fifths (43%) of this older age group have thought about it but not included it in their retirement planning, and 32%...
By Hidehiko Ichimura, Xiaoyan Lei, Chulhee Lee, Jinkook Lee, Albert Park, & Yasuyuki Sawada East Asia is undergoing a rapid demographic transition and “super” aging. As a result of steadily decreasing fertility and increasing life expectancy, older people’s proportion of the population and the old-age dependency ratio is rising across all countries in East Asia, particularly in the People’s Republic of China (PRC), Japan, and the Republic of Korea (ROK). In this paper, we empirically investigate the well-being of older...
A growing number of people 65 and older are living alone. While aging solo presents challenges, solutions are in the works. Kent Ellsworth is the executive director of the Verde Valley Caregivers Coalition in Sedona. "Out of the 3,000 individuals we've served over the last year or two, about 65% are living alone," Ellsworth said. Ellsworth says they’re also serving 10 individuals who are over the age of 100. "And they're all living alone," Ellsworth said, either by choice or circumstance. Spouses die....
Discrimination against older people has become a pervasive part of American culture. Think birthday cards declaring someone "over the hill" and ads for "anti-aging" cosmetics. Most older adults say they experience ageism daily, according to a 2019 survey of more than 2,000 people between 50 and 80 conducted by the University of Michigan. Ageism, which includes stereotyping and discrimination based on age, is one of the most common forms of prejudice. A 2021 report from the World Health Organization found at least...
