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Cost of aging rising faster than expected: IMF

By: Yossel in IMF/WORLD BANK | Recommend this post (0)
Thu, 12 Apr 12 4:47 PM | 635 view(s)
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Cost of aging rising faster than expected: IMF

An elderly man sits in his bed at a nursing home in Hefei, Anhui province March 20, 2012.

WASHINGTON (Reuters) - People worldwide are living three years longer than expected on average, pushing up the costs of aging by 50 percent, and governments and pension funds are ill prepared, the International Monetary Fund said.

Credit: Reuters/Stringer

Stella Dawson

WASHINGTON
Wed Apr 11, 2012 5:18pm EDT

link-
http://www.reuters.com/article/2012/04/11/us-imf-aging-idUSBRE83A1C020120411

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