Some think that government should support retired people financially while others believe they should take care of themselves. Discuss both views and give your opinion

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There has been a controversy about whether the
government
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should support retired
people
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financially. I think it is necessary for the
government
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to take care of retired
people
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, and my reasons will be explained in the following paragraphs.
First
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, the
pension
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system
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fosters the re-productivity of today's labour force. Because there is a
pension
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system
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, the
lives
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of retired
people
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are guaranteed; young
people
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don't worry about their retired
lives
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.
Therefore
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, a healthy substitution process is formed; when elder
people
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retire, young
people
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can take over their work. At
this
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point,
such
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a phenomenon is advantageous to the employment structure.
Second
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, financial support for retired
people
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brings harmony to our society. A
pension
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system
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guarantees the basic life of retired
people
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.
Besides
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, due to the advent of an ageing population, the ratio of elderly is getting bigger.
Hence
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, if the
government
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can guarantee the
lives
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of those
people
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,
in other words
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, our society can be more peaceful. It's worth mentioning that a reasonable
pension
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system
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is a good sign for the working population as well. They can see that their retired
lives
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can be treated well.
Third
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, financial support can propel the
country
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's economic development.
For example
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, the
pension
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system
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in many countries is linked with the individuals' working efficiency. If you work hard, you can gain more
pension
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.
Such
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a design can stimulate workers' enthusiasm and cause them to work harder.
As a result
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, the
country
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's economy can be well promoted on account of improved working efficiency.
On the other hand
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, the
pension
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system
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has been a blight on the
country
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as well.
For example
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, due to the advent of the ageing population, the number of retired
people
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is rising;
in other words
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, the
government
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need to pay them a sizeable portion of money annually. As a consequence, it can worsen the
country
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's financial issues unquestionably. In conclusion, there are some advantages and disadvantages of supporting retired
people
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financially.
Submitted by junyiwu029 on

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