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

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

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