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PowerPoint Presentation
Longevity is a Challenge and Opportunity for Many Nations, Including The United States
Most Other High-Income Nations Aging More Rapidly Than the United States
Age Demographics of Other High-Income Nations Generally More Pronounced Than The United States
Elderly Dependency Ratio Expected to Increase Faster in Most Other High-Income Nations
U.S. Labor Force Growth Will Continue to Decline
Social Security and Medicare's Hospital Insurance Trust Funds Face Projected Cash Deficits as Population Ages
Composition of Federal Spending by Budget Function
Composition of Spending as a Share of GDP
Social Security, Medicare, and Medicaid Spending Are Projected to Grow as a Percent of GDP
Older Worker Labor Force Participation Often Part of Other Nations’ Policy Response to Aging Challenges
Other Nations’ Reforms Seek to Increase Labor Force Participation Of Older Workers In Variety of Ways
National Pension System Reforms Included Policies That Enhance Work Incentives
National/Employer Provided Pension Systems Revised to Include defined Contribution Features
Disability Insurance Program Will Have Reduced Role as a Path to Early Retirement
Labor Market Policies Introduced to Reduce Existing Employment Barriers to Older Workers
Lessons Learned from Other Nations' Efforts to Increase Older Worker Labor Force Participation
Enact Reforms That Are Comprehensive and Complementary
Ensure the Transparency and Availability of Information on Reforms
Strong National Economy Needed to Provide Employment Opportunities to All Workers
U.S. Has Made Progress in Some Areas
But More Remains to Be Done
Older Workers As An Increasingly Important Human Resource For the National Economy
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