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's necessary to
support
those
people
, and my reasons will be explained in the following paragraphs.
First
, a
pension
system
can foster the re-productivity of
labour
Add an article
the labour
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force. Because there is a
pension
system
, the lives of retired
people
are guaranteed; and young
people
don't worry about their retired lives.
Therefore
, a normal substitution process is formed; when the early
people
retire, young
people
can take over their work. At
this
point,
such
a phenomenon is advantageous to the domestic employment structure.
Second
, financial
support
can bring harmony to our society. As we know, a
pension
system
can guarantee the basic lives of retired
people
.
Besides
, due to the advent of an ageing population, the number of the aged is rising;
hence
, if the government can take care 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 their retired
people
will be treated well.
Third
, financial
support
is advantageous to the country's economic development. The
pension
system
in many countries is linked with the workers' working efficiency;
thus
, if you work harder, you can get more pensions when you retire.
Such
a design stimulates workers' enthusiasm and leads them to work more effectively. As a consequence, the country's economy can be promoted on account of improved working efficiency.
On the other hand
, supporting retired
people
financially has some drawbacks.
For example
, due to an ageing population around the globe, the number of retired
people
is rising;
in other words
, the government needs to pay those
people
a sizeable portion of money annually. As a consequence, it will bring some domestic financial issues and hinders the country's economic development. In conclusion, there are some advantages and disadvantages of supporting retired
people
financially.
Submitted by junyiwu029 on

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