Monday, June 10, 2019

TASK 8 Assignment Example | Topics and Well Written Essays - 1000 words

TASK 8 - Assignment ExampleFirstly it is the geek that sight are living longer. According to earth Bank World Development Indicators (2010) it is the case that a child born in1960 was likely to live 71.13 familys but as of 2008 a child born in that year will likely live to be 79.9 years. What this means is that historically when a person retired at the age of 65 they were likely to only live for an spare 6.13 years whereas now an individual is likely to live 14.9 years. What this means is an additional strain on the public pension fund, moreover it is also the case that gibe to the CIA World Factbook (2010) the birthrate is currently 12.34 births/1,000 and the death rate is 9.33 deaths/1,000. Although this demonstrates that the population is still growing the gap between births and deaths is shrinking and it is likely that in the future there will be fewer young people to support the ageing workforce. By allowing people to work longer we are able to take approximately of the tax burden off of younger people and free up funds for new capital. Building on this point it may be the case that there are skill shortages I certain sectors and by forcing people (who possess these necessary skills) to retire at a certain age without a suitable replacement it may leave the community as a whole without a necessary service.Many people are required to fool absences fro their careers for personal reasons such as long term health problems or several maternity leaves. Building on this point it may be that these people wish to take additional time to expand their working years to achieve some milestones in their career which may not be realizable if there is a forced retirement. Moreover there are several recent immigrants that have immigrated to the country that wish to build a Nest bombard in order to have a comfortable retirement age. If it is the case that an individual is forced to retire they may be relegated to a lifetime of poverty.From a civil liberties persp ective one

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