Thursday, 23 January 2014

Independent Learning Log 3

Source: http://www.bbc.com/capital/story/20140121-scaling-the-pensions-problem

What I did: I looked at the news article.

What I learned: Falling birth rates cause a higher working to retired ratio, increasing the number of old people in the society. With more old people, some elders may have to give up retirement to continue working, just to survive. Rising expectancies add to the problem as there would be more people above 60.

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