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[Public social assistance amounts for the aged]
Zeitschrift Fur Gerontologie
|May 1, 1980
Summary
In 1976, over 45% of German public social security funds were allocated to individuals aged 60 and above. This significant "old-age public charge" represented 13% of the gross national product.
Area of Science:
- Social Sciences
- Economics
- Public Policy
Context:
- Analysis of public social security expenditures in the Federal Republic of Germany.
- Focus on the allocation of funds towards the elderly population.
Purpose:
- To determine the proportion of public social security expenditures dedicated to individuals aged 60 and older in 1976.
- To quantify the
- old-age public charge
- as a percentage of total social security spending and gross national product (GNP).
Summary:
- In 1976, 45.72% of German social security expenditures, totaling 147,039 million DM, were directed towards the elderly population (60+ years).
- This expenditure represented 13% of the Federal Republic of Germany's gross national product (GNP) for that year.
Impact:
- Provides a historical benchmark for understanding the financial burden of an aging population on social security systems.
- Highlights the substantial portion of national resources allocated to elderly welfare, though limited in future forecasting due to inherent uncertainties.