文章基本信息

标题：Coping with Population Ageing in Australia
本地全文：下载
作者：David Carey
期刊名称：Economics Department Working Papers / OECD
印刷版ISSN：0259-4633
出版年度：1999
卷号：1999
DOI：10.1787/616221120437
出版社：Organisation for Economic Co-operation and Development (OECD)
摘要：As in other OECD countries Australia’s population is ageing progressively. On unchanged policies, this will increase government outlays for public pensions and health care, causing a deterioration in budget balances, and reduce economic growth (mainly by lowering growth in the labour force). Nevertheless, the prospective deterioration in Australia’s budget finances is much less than in most other OECD countries because the government only provides the first pillar of retirement income arrangements and means tests this age pension. Moreover, superannuation (private pension fund) benefits are growing, reducing entitlements to the age pension. Even so, the budget costs of population ageing could be lowered by reducing the scope for early retirees to draw on superannuation savings and by requiring individuals to prefund part of the costs of long-term aged care. But the greatest challenge facing Australia policy makers in reducing the costs of population ageing is to roll back the trend ...