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  • Elena

    December 20, 2021 at 6:36 AM

    Nowadays , more people expect to live more than ever before . In many countries around the globe , average life expectancy is rising, due to this development ,personal and social problems increase, but there are some solutions that could help.

    As people live longer , the populations grow older and several issues can be expected. One of the first issue is a huge burden on the taxpayers . Governments have to assign more money towards the pension scheme and medical care, in order to ensure the survival of the senior citizens. This could be possible only by deduction additional tax from working community . Nowadays, the proportion of younger , working adults is smaller , and authorities will therefore receive less money in taxes in relation to the size of population .

    However, it is important to solve these problems . Firstly , the governments should set a law on retirement age. Secondly ,by encouraging immigration in order to increase the number of working adults who pay taxes .This is because in many countries fertility rate is declining every year , so it is complicated to have young generation who can work efficiently . For instance , this scheme is successfully used in Belgium , where governments invites students to have bachelors or master’s degree and then , continue to stay and work here .

    In conclusion , the increase in life expectancy in the world leads to certain issues for the governments and for the young individuals. Nevertheless, by drafting a new law on retirement age and by promoting immigration will help to mitigate the impacts of the aging community.

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