SOC 103 Lecture Notes - Medicalization, Disengagement Theory, Socialized Medicine
5 Dec 2012
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Document Summary
Men and women between the ages of 65 and 74 report highest scores on measures of well-being. Six issues stand out for seniors as areas of concern: transition to retirement. Those who retire voluntarily are likelier to report that they enjoy life more. Small percentage of people who retire enjoy life less; these people have fair to poor health, do not have much financial support, and did not plan adequately for retirement: financial pressure. Average income families have income fall after age 60, continues to decline until age 68, and then stabilizes at about 80% of income level they had at age 55. Low income families experience little change in income throughout their retirement, largely due to income-maintenance effects of canadian pension system. Elderly dependency ratio: the ratio of seniors to workers. Declining number of seniors living under the low income cut-off because of government transfer programs (old age security system), employer pension plans (increasing contributions to canada.
