The Aging Population And Government Policy

It is inevitable that human beings will grow old at some point in their lives. Humans will pass through various stages in their lives, and this is form childhood, and then comes adulthood and the final phase of the life of a person old age. The aging population and government policy has been at odds for quite a while but all this has changed recently.

Among the policies the authorities came up with is the retirement benefits scheme. This has over time assured the aged that they have a source of income to count on and are self reliant on many fronts, especially financially. This innovative plan is an initiative of both the employer and the worker where a worker has some agreed amount docked from their monthly pay check and the employer tops up the deduction.

Once a person retires, they will be able to get roughly half their salaries during the time that they were in employment. This will enable retired people to enjoy financial security even though they may not be working. This is the reason why the government has made it a mandatory requirement for people to contribute towards a retirement scheme during their working lives.

However, some people view such a scheme as unworkable, and a waste of their hard earned money. These people would rather have the funds that they contribute be invested in a profit generating activity. What these critics fail to realize is that if a retirement fund did not exist it would mean that the authorities will need to give the aged population hand outs, meaning that money will have to be taken out of the economy for this purpose.

The provision of social services is another policy that the government has been able to come up with. This has been done through the establishment of special clinics that are set up to cater for the health needs of old people. The reason for this is that old people suffer from ailments that are specific to them, and so they need specialized care and attention.

Old people suffer from diseases that are particular to them there is need for the authorities to provide subsidized treatment for them. The chemists who supply drugs to treat these diseases are exempted from custom duty so that they offer the medicines at reduced prices. This will have a trickle-down effect on the old people in society and they will be able to have better health.

However there it is not sensible to have populist policies that will be unsustainable in the long run. The policies should be adjustable to future generations. Age is not a phenomenon that is going to end. Therefore there is need to accommodate the future old men and women in the policies that we formulate.

In this way the benefits will trickle down to the elderly members of the population enabling them to have improved health. However, there needs to be a sense of balance such that populist policies that are unsustainable in the long run are not forced upon unwilling people. There needs to be certain standards that are maintained in the facilities that provide care and treatment of old people so that they do not end up contributing to sickness instead of treatment.



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