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Active Ageing, Pensions and Retirement in the UK
1Department of Sociological Studies, University of Sheffield, Elmfield Building, Northumberland Road, Sheffield, S10 2TU UK.
Addressing the challenges of an ageing population requires a comprehensive approach to pension sustainability. A life-course perspective on active ageing can help the UK leverage older adults as resources and reduce participation barriers.
Area of Science:
- Gerontology
- Public Policy
- Economics
Background:
- The global ageing population presents significant challenges to pension system sustainability.
- Current policy discourse often emphasizes postponing retirement and extending working lives, aligning with 'active ageing' principles.
Purpose of the Study:
- To examine the implications of active ageing policy for UK pension provision.
- To propose a comprehensive active ageing framework to address the challenges of an ageing population in the UK.
Main Methods:
- Review of UK pension developments.
- Analysis of active ageing policy concepts and their application to pension provision.
- Exploration of a life-course perspective within active ageing frameworks.
Main Results:
- Existing UK pension policies have largely focused on extending employment.
- A broader active ageing framework, incorporating a life-course perspective, offers a more robust response to demographic shifts.
- Highlighting older individuals as valuable economic and social assets is crucial.
Conclusions:
- The UK needs to adopt a more inclusive definition of active ageing that values older people's contributions.
- Reducing societal barriers to participation for older adults is essential for pension sustainability and social inclusion.
- A life-course approach can enhance the UK's capacity to manage an ageing population effectively.
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