Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

In aging, one size does not fit all

15.12.2015

New research from the International Institute for Applied Systems Analysis (IIASA) provides a suite of measurements that could replace conventional measures of age, supporting smarter policies for retirement and health care.

Conventional measures of age usually define people as “old” at one chronological age, often 65. In many countries around the world, age 65 is used as a cutoff for everything from pension age to health care systems, as the basis of a demographic measure known as the “old-age dependency ratio,” which defines everyone over 65 as depending on the population between ages 20 and 65.


© Silent 47 Images | Dreamstime.com

In new study in the journal Population and Development Review, IIASA researchers Warren Sanderson and Sergei Scherbov provide new measures to replace the old-age dependency ratio.

“There are better measures available for every aspect of population aging to which it is applied,” says Sanderson. “Aging is a suite of multidimensional phenomena. In this study we deal with a number of aspects of aging and show that better measures exist for all of them.”

Previous research by the team [ www.reaging.org ]has shown that defining people as “old” at age 65 no longer fits the real-world data, as people live longer, healthier lives around the world. The new study pulls together a collection of demographic methods that replace the old-age dependency ratio for a variety of purposes, providing more useful information for policymakers as well as demographic research.

For example, health care costs on average increase significantly for people in their last few years of life. Yet as people live longer, those last few years come later and later, and people may stay healthy well into their 60s and 70s. When projections of future health care costs use age 65 as the cutoff, they may massively overestimate future costs to a health care system. The new study therefore proposes a health-care specific calculation that takes into account the postponement of deaths that occur because of the increase in life expectancy.

The old-age dependency ratio is also based in part on traditional retirement age being around 65. But today, a growing number of people over 65 are still working, and in response to increased life expectancy, many countries have begun increasing their public pension ages. Yet increasing pension ages can be unfair to younger generations, who may work longer and get less retirement money than previous generations.

The study includes a new proposal for an “intergenerationally equitable pension age,” in which each generation receives as much in pension payouts as they pay in, the average pension as a percentage of salary is the same for all generations, and the pension tax remains the same.

“There are many policy issues for which good estimates of the future consequences of aging are needed,” says Scherbov. “In some instances, the large exaggerations in the extent of aging produced by the conventional measures could lead to inappropriate policies.”

Further information and details on the new measures are available at: www.reaging.org/indicators

Reference
Sanderson W, Scherbov S (2015). Are we overly dependent on conventional dependency ratios? Population and Development Review. 41(4): 687–708. 15 December 2015. http://onlinelibrary.wiley.com/doi/10.1111/j.1728-4457.2015.00091.x/abstract

MSc Katherine Leitzell | idw - Informationsdienst Wissenschaft
Further information:
http://www.iiasa.ac.at

More articles from Health and Medicine:

nachricht Researchers release the brakes on the immune system
18.10.2017 | Rheinische Friedrich-Wilhelms-Universität Bonn

nachricht Norovirus evades immune system by hiding out in rare gut cells
12.10.2017 | University of Pennsylvania School of Medicine

All articles from Health and Medicine >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Neutron star merger directly observed for the first time

University of Maryland researchers contribute to historic detection of gravitational waves and light created by event

On August 17, 2017, at 12:41:04 UTC, scientists made the first direct observation of a merger between two neutron stars--the dense, collapsed cores that remain...

Im Focus: Breaking: the first light from two neutron stars merging

Seven new papers describe the first-ever detection of light from a gravitational wave source. The event, caused by two neutron stars colliding and merging together, was dubbed GW170817 because it sent ripples through space-time that reached Earth on 2017 August 17. Around the world, hundreds of excited astronomers mobilized quickly and were able to observe the event using numerous telescopes, providing a wealth of new data.

Previous detections of gravitational waves have all involved the merger of two black holes, a feat that won the 2017 Nobel Prize in Physics earlier this month....

Im Focus: Smart sensors for efficient processes

Material defects in end products can quickly result in failures in many areas of industry, and have a massive impact on the safe use of their products. This is why, in the field of quality assurance, intelligent, nondestructive sensor systems play a key role. They allow testing components and parts in a rapid and cost-efficient manner without destroying the actual product or changing its surface. Experts from the Fraunhofer IZFP in Saarbrücken will be presenting two exhibits at the Blechexpo in Stuttgart from 7–10 November 2017 that allow fast, reliable, and automated characterization of materials and detection of defects (Hall 5, Booth 5306).

When quality testing uses time-consuming destructive test methods, it can result in enormous costs due to damaging or destroying the products. And given that...

Im Focus: Cold molecules on collision course

Using a new cooling technique MPQ scientists succeed at observing collisions in a dense beam of cold and slow dipolar molecules.

How do chemical reactions proceed at extremely low temperatures? The answer requires the investigation of molecular samples that are cold, dense, and slow at...

Im Focus: Shrinking the proton again!

Scientists from the Max Planck Institute of Quantum Optics, using high precision laser spectroscopy of atomic hydrogen, confirm the surprisingly small value of the proton radius determined from muonic hydrogen.

It was one of the breakthroughs of the year 2010: Laser spectroscopy of muonic hydrogen resulted in a value for the proton charge radius that was significantly...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

ASEAN Member States discuss the future role of renewable energy

17.10.2017 | Event News

World Health Summit 2017: International experts set the course for the future of Global Health

10.10.2017 | Event News

Climate Engineering Conference 2017 Opens in Berlin

10.10.2017 | Event News

 
Latest News

Electrode materials from the microwave oven

19.10.2017 | Materials Sciences

New material for digital memories of the future

19.10.2017 | Materials Sciences

Physics boosts artificial intelligence methods

19.10.2017 | Physics and Astronomy

VideoLinks
B2B-VideoLinks
More VideoLinks >>>