Ageing population case study

UK's population is ageing

• In 2005 16% of the population were over 65 and this is to increase to 25% by 2041
• People are living longer due to medical advances and improvements in living standards
• Baby booms in 1940's and 60's led to a pensioner boom now
• Birth rate falling so fewer young people compared to old people

Problems of an ageing population

• Working population is not big enough to pay for pensions of all elderly people so living standards of the elderly fall
• Taxes paid by…