Income Protection and Security
Between 2000 and 2050, the proportion of the world’s population of people 60 years and older will double from 11% to ~22%, representing ~2.1 billion older adults 60 years and older.
With major demographic shifts unfolding in the next 35 years and countries already experiencing the ageing of their population, it is important to focus on policy concerns in the sustainability of pensions, economic growth and the future labour supply, to ensure a sustainable economy that benefits societies as a whole.
Achieving a sustainable economy in a world where the growth of the number of older adults aged 65 years and older is faster than the growth of the working population, will be difficult if governments, organisations and policy contributors do not face these challenges by exploring new sustainable pension and employment systems.
An ongoing concern for older adults is the security of their income and its protection. This concern is common in both developed and developing economies. The majority of older adults do not retire wealthy in developed countries. There will be ongoing reliance on pension and superannuation schemes and government concessions, to make ends meet and to age in place. In developing countries where often no pension schemes or concessions exist, older people must continue to work and where possible, rely on family and the community for support.
Higher participation of older workers aged 50 years and older in employment is an important factor that contributes to smart, sustainable and inclusive growth. At the forefront of increasing retirement age is confronting age discrimination and occupation, given that ageism is an important exclusive factor for older workers. At the same time, investment in life-long learning initiatives need to be made to allow older adults to stay productive, increase their mobility and develop skills.
The IFA 13th Global Conference on Ageing, to-date, has received a broad range of Income Security and Protection papers from twelve countries, including the United States, Canada, Australia, New Zealand, Indonesia, United Kingdom and India. The papers explore the problems faced by older adults, identify strategies to assist those most at risk and encourage discussion and debate at the conference.
Topics being canvassed include:
- The adequacy of the Australian Retirement Income System, in particular its two pillars – the aged pension system and compulsory superannuation.
- The rapid global growth in mature age unemployment and the adverse impact on retirement savings.
- The need to urgently reform the Canadian pension system.
- Discrimination against women in the United Kingdom pension system.
- Changing family values in developing countries and the adverse impact on older family members.
Meet Professor Simon Biggs, Brotherhood of St Laurence Professor of Gerontology and Social Policy at the University of Melbourne and IFA Member. Prof. Biggs and colleagues will be presenting a Symposium entitled, “Pension Reform and the Mature Age Unemployment Challenge” focusing on the policy agenda of extending working lives, addressed the practical policy challenges and broader life-course implications that emerge from this form of adaptation to longevity. This includes discussions about the purpose of a long life and whether this is to work, along with concerns about availability of jobs and other barriers to longer working such as the pervasiveness of ageism and the changing nature of work.
Meet Mr. Danis Prudhomme, Executive Director of the Federation for Ageing in Dignity and Overall Quality and IFA Member. At the IFA 13th Global Conference on Ageing, Mr. Prudhomme will focus on income security in an ageing world, putting forward some important questions – Why not develop program for the recruitment and retention of experienced workers? Why not increase Canadian pension plan coverage? Why not review the bankruptcy act to protect private pension plans?
Associate Professor Cheryl Tilse, University of Queensland, is a lead investigator in the Assets, Ageing and Intergenerational Transfers Research Program. Associate Professor Tilse will present on intergenerational financial transfers and the management of older people’s financial assets.
Please note the program is subject to change.
Call for Action
Register today and don’t miss your opportunity to meet experts and like-minded individuals at the IFA 13th Global Conference on Ageing.
The IFA 13th Global Conference on Ageing welcomes further oral, poster, symposium or workshop abstracts that address retirement systems, pension reform, government transfer payments to seniors, utilisation of housing equity in retirement, ageing workforce and other related topics.
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Call for Late Abstracts
Author registration deadline (First Call for Abstracts)
Saturday 30 January 2016
Author registration deadline (Late Call for Abstracts)
Tuesday 22 March 2016
Early bird registration deadline
Tuesday 22 March 2016
Tuesday 21 - Thursday 23 June 2016
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