People are living longer after they retire. What are the problems? What can be done to solve these problems?

It is said that
people
are living longer after they retire.
This
issue is believed to have some negative effects and so requires specific solutions. On the one hand, living longer after
retirement
has led to
heavier
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the heavier
a heavier
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financial burden on the government. A large portion of the population requires financial assistance from the council to maintain their
livings
Fix the agreement mistake
living
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after
retirement
.
This
can create an impact on the government budget as it requires more
tax-payers’
Correct your spelling
tax-payers
money
to provide pensions for retired
people
.
Moreover
, as
people
get older, the risk of sickness and disease
also
increases. Again,
this
can have a serious impact on the health system, especially in those overloaded and underfunded hospitals in neglected areas.
As a result
,
money
from the administration will be used to solve these problems,
thus
decreasing the government’s funds.
However
, there are several solutions that can be performed in order to deal with
such
issues. If retired
people
are living longer, it may mean that they are still healthy enough to continue contributing
for
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to
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the companies and
thus
the council can increase the
retirement
age, or allow part-time
works
Fix the agreement mistake
work
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for the retired so that they can earn
money
by
Change preposition
on
show examples
their own hands. Nowadays, in many developed countries, employers are required to make financial contributions to the
retirement
funds on behalf of their employees. These funds help to sustain the elderly throughout their
retirement
without placing too
much
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many
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burdens on the administration’s budgets. It is
also
advised that the council can encourage immigration in order to expand the workforce,
thus
allowing the government to invest more
money
for the retired by collecting more taxes. In conclusion,
although
the longevity of retired
people
have
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has
show examples
led to some problems, there are still ways to reduce the impacts that
this
issue is having on the economy.
Submitted by doibichhoa on

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Topic Vocabulary:
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