{"id":220,"date":"2012-11-26T00:01:05","date_gmt":"2012-11-26T00:01:05","guid":{"rendered":"http:\/\/ssc.squareeye.com\/?p=220"},"modified":"2012-11-26T00:01:05","modified_gmt":"2012-11-26T00:01:05","slug":"paying-for-ageing-decision-time-for-households-and-the-state-2","status":"publish","type":"post","link":"https:\/\/strategicsociety.org.uk\/paying-for-ageing-decision-time-for-households-and-the-state-2\/","title":{"rendered":"Paying for Ageing: Decision time for households and the state"},"content":{"rendered":"<p><strong>A comprehensive analysis of the choices for households and the state as both consider how to pay for ageing.\u00a0<\/strong><\/p>\n<p><!--more-->Paying for ageing poses a challenge for both older households and the state.<\/p>\n<p>However, these challenges are highly interdependent. Policy decisions around state support to pensioners will determine the choices for older households, and the adequacy of their retirement income and &#8216;protection gap&#8217; they face.<\/p>\n<p>Conversely, the \u2018decumulation\u2019 decisions of older households will determine the size and shape of the fiscal challenge facing policymakers as the population ages.<\/p>\n<p>This report therefore takes the unique approach of situating the options for households and policymakers in paying for ageing side-by-side.<\/p>\n<p>It evaluates the full range of these options for households and the state, as well as potential \u2018joint strategies\u2019 requiring careful coordination of government policy and the decumulation framework for households.<\/p>\n<p>The report concludes with ten key recommendations for policymakers, including:<\/p>\n<ul>\n<li>All public spending on older people needs a cross-departmental \u2018holistic review\u2019;<\/li>\n<li>Fiscal policymaking must not be allowed to crowd out sensible policies on ageing;<\/li>\n<li>An Office for Evidence on Prevention should be created as a commissioner, laboratory and proponent of preventative strategies across all age-related public spending;<\/li>\n<li>Make long-term decisions now: fixing a strategy for paying for ageing can no longer be deferred and older households deserve clarity<\/li>\n<\/ul>\n<p><strong>Author: James Lloyd, Strategic Society Centre<\/strong><\/p>\n<p><strong>Download the report:\u00a0<a href=\"https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/01\/Paying-for-Ageing.pdf\">Paying for Ageing: Decision time for households and the state<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A comprehensive analysis of the choices for households and the state as both consider how to pay for ageing.\u00a0<\/p>\n","protected":false},"author":2,"featured_media":1046,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[8],"tags":[11,32,43,46,56,73,91],"acf":[],"uagb_featured_image_src":{"full":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-scaled.jpg",2560,1760,false],"thumbnail":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-150x150.jpg",150,150,true],"medium":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-300x206.jpg",300,206,true],"medium_large":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-768x528.jpg",768,528,true],"large":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-1024x704.jpg",1024,704,true],"1536x1536":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-1536x1056.jpg",1536,1056,true],"2048x2048":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-2048x1408.jpg",2048,1408,true],"et-pb-post-main-image":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-400x250.jpg",400,250,true],"et-pb-post-main-image-fullwidth":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-1080x675.jpg",1080,675,true],"et-pb-portfolio-image":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-400x284.jpg",400,284,true],"et-pb-portfolio-module-image":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-510x382.jpg",510,382,true],"et-pb-portfolio-image-single":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-1080x742.jpg",1080,742,true],"et-pb-gallery-module-image-portrait":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-400x516.jpg",400,516,true],"et-pb-post-main-image-fullwidth-large":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-2880x1800.jpg",2880,1800,true],"et-pb-image--responsive--desktop":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-1280x880.jpg",1047,720,true],"et-pb-image--responsive--tablet":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-980x674.jpg",801,551,true],"et-pb-image--responsive--phone":["https:\/\/strategicsociety.org.uk\/wp-content\/uploads\/2013\/02\/Paying-for-Ageing-Decision-time-for-households-and-the-state-480x330.jpg",393,270,true]},"uagb_author_info":{"display_name":"Trevor Sather","author_link":"https:\/\/strategicsociety.org.uk\/author\/trevor-2\/"},"uagb_comment_info":0,"uagb_excerpt":"A comprehensive analysis of the choices for households and the state as both consider how to pay for ageing.\u00a0","_links":{"self":[{"href":"https:\/\/strategicsociety.org.uk\/wp-json\/wp\/v2\/posts\/220"}],"collection":[{"href":"https:\/\/strategicsociety.org.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/strategicsociety.org.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/strategicsociety.org.uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/strategicsociety.org.uk\/wp-json\/wp\/v2\/comments?post=220"}],"version-history":[{"count":0,"href":"https:\/\/strategicsociety.org.uk\/wp-json\/wp\/v2\/posts\/220\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/strategicsociety.org.uk\/wp-json\/wp\/v2\/media\/1046"}],"wp:attachment":[{"href":"https:\/\/strategicsociety.org.uk\/wp-json\/wp\/v2\/media?parent=220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/strategicsociety.org.uk\/wp-json\/wp\/v2\/categories?post=220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/strategicsociety.org.uk\/wp-json\/wp\/v2\/tags?post=220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}