Britain's old age 'time bomb' may have been exaggerated, say experts
Researchers from the University of Edinburgh say that the number of dependent older people in the UK has actually fallen by a third in the past four decades
The so-called old age “time bomb” – the anticipated burden that our ageing population will place on taxpayers – may have been exaggerated, experts have said.
In a cheering review of population data, researchers from the University of Edinburgh say that the number of dependent older people in the UK has actually fallen by a third in the past four decades, and is likely to stabilise at its current levels.
Writing in the British Medical Journal, demographics experts Jeroen Spijker and John Macinnes say that the standard indicator of population – the old age dependency ratio (OADR) – wrongly assumes that all people that have reached state pension age are dependent, ignoring the fact that improved life expectancies have led to older people being healthy and economically self-sufficient for longer.
OADR is worked out by dividing the number of people of state pension age by the number of people of working age (16-64 years).
The authors propose a new measure – real elderly dependency ratio – based on the sum of men and women with a life expectancy of up to 15 years, divided by the number of people in employment, irrespective of age.
By this measure, they found that the number of dependent adults had fallen.
“The different story of population ageing told by our real elderly dependency ratio has several important implications for health policy and clinical practice,” they said.
Life & Style blogs
Jennifer Lawrence nude pictures leaked: Reddit removes 'The Fappening' board dedicated to sharing naked pictures of celebrities
iPhone 'Wave': iOS 8 hoax claims you can charge your iPhone in the microwave - you can't
A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
No new blood and no fresh ideas at Milan Fashion Week: How do you solve a problem like Milano?
iOS 8: how to free up memory on your iPhone or iPad to install the update
- 1 Rihanna 'nude photos' claims emerge on 4Chan as hacking scandal continues
- 2 Frank Lampard equalises for Manchester City against Chelsea: how Twitter reacted
- 3 Stamford Hill council removes 'unacceptable' posters telling women which side of the road to walk down
- 4 Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
- 5 Hitler’s former food taster reveals the horrors of the Wolf’s Lair
£15 - £17 Per Hour: Clearwater People Solutions Ltd: Our client is currently r...
£21552 - £31588 per annum: Randstad Education Cambridge: We are looking to rec...
£21552 - £31588 per annum: Randstad Education Cambridge: Randstad Education ar...
Negotiable: Randstad Education Birmingham: The Job An inner city Birmingham sc...