Elderly welfare in Germany and Japan

0 views

Published on

0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
0
On SlideShare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
0
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

Elderly welfare in Germany and Japan

  1. 1. Elderly Welfare in Germany and Japan Rita, Wan Tsz Lun 08036691 Airin, Tse Yan Yi 07016433
  2. 2. Contents • Background - What is welfare? - Why Germany and Japan? • Ageing in both countries - Long life expectancy - Low fertility rate • Elderly Welfare System - Long-term Care Insurance (LTCI) - Retirement and Pension System • Challenges and Solutions • Opportunity – elderly goods • Conculsion Rita, Wan Tsz Lun (08036691)
  3. 3. What is welfare? - promotes the well-being of individuals in need - includes monetary payments, health services, housings Why do we compare Germany and Japan? - Similar challenges -- ageing population - Similar Elderly Welfare System - Similar trends to push for change Rita, Wan Tsz Lun (08036691)
  4. 4. •≧65 years old: more than 7%; or •≧60 years old: more than 10% Airin, Tse Yan Yi (07016433)
  5. 5. Airin, Tse Yan Yi (07016433) Source: Statistisches Bundesamt Deutschland
  6. 6. Airin, Tse Yan Yi (07016433) Source: BBC News
  7. 7. Airin, Tse Yan Yi (07016433) Source: World Bank
  8. 8. Source: World Bank Airin, Tse Yan Yi (07016433)
  9. 9. Long-term Care Insurances Germany Japan Beneficiaries Elderly people are assigned to three levels: 1.Level I – Considerable (90 min/day) 2.Level II – Substantial (3 hours/day) 3.Level III – Most Substantial (5 hours/day) Two types: 1.Type 1: 65 years old and older 2.Type 2: between 40 to 65 years old who have diseases associated with ageing Rita, Wan Tsz Lun (08036691)
  10. 10. Long-term Care Insurances Germany Japan Benefits Facilities , Services 1. Home-based Care 2. Semi-residential Care Facilities - Day care 3. Supplementary Services - Meals on wheels - Counseling - Senior clubs 1. Home-care Services - Nurse visiting - Home visiting bathing services 2. Institutional Services - Long-term care health and medical facilities 3. Care Management Service Cash Type I: 205€ /month Type II: 410€ / month Type III: 665€ / month N/A (cash options are not available) Home-based Services Maximum : 1,918€ /month (Type III) Maximum: 3,166€/month (care level 5) Rita, Wan Tsz Lun (08036691) Airin, Tse Yan Yi (07016433)
  11. 11. Airin, Tse Yan Yi (07016433) Private company plansPrivate company plansPublic retirement insurance Public retirement insurance Private individual retirement investments Private individual retirement investments
  12. 12. Source: Ministry of Health, Labour and Welfare Rita, Wan Tsz Lun (08036691) Airin, Tse Yan Yi (07016433) “Salary man”“Salary man” Civil Servant Civil Servant Self -employed Self -employed 2nd Type of Pensioner2nd Type of Pensioner1st Type of Pensioner 1st Type of Pensioner 3rd Type of Pensioner 3rd Type of Pensioner Spouse of 2nd Type of Pensioner Spouse of 2nd Type of Pensioner National Pension InsuranceNational Pension Insurance Employees Pension Insurance Employees Pension Insurance Personal type Defined Contribution Pension Plan Personal type Defined Contribution Pension Plan Official Pension Insurance Official Pension Insurance Employer-sponsored type Defined Contribution Pension Plans Employer-sponsored type Defined Contribution Pension Plans
  13. 13. • 1970 • 2025~30 Airin, Tse Yan Yi (07016433) >_< >_< The system is under strain!! The system is under strain!!
  14. 14. Solutions Challenges Germany Japan Declining Fertility - New Law in 1995: Schwangeren- und Familienhilfeänderungsgesetz (Law concerning pregnant women and new forms of support for families) - Child benefit(up to 2 years old): 300€ per month - Income threshold for parental leave benefit reduced Family Policy : Child Benefit (3-12 years old) - to encourage young couples to have children -under 3 years old, 5,000 Yen 10,000 Yen Rita, Wan Tsz Lun (08036691) Airin, Tse Yan Yi (07016433)
  15. 15. Solutions Challenges Germany Japan Funding According to Agenda 2010: - age of pension eligibility increased from 65 to 67 - Pension reduced: 70%  67% of net pay - not be eligible for early retirement before 64 Mehrgenerationenhäuser (Multi-generations Centres) Age of pension eligibility increased from 60 to 65 Patients have to pay more fee: 10%  20% Rita, Wan Tsz Lun (08036691) Airin, Tse Yan Yi (07016433)
  16. 16. Airin, Tse Yan Yi (07016433)
  17. 17. Rita, Wan Tsz Lun (08036691)
  18. 18. A warning for other developed and developing countries A model for other developed countries in future Airin, Tse Yan Yi (07016433)

×