With the
housing market collapse and the
European debt crisis, another
financial disaster looms. Recently
the Governmental Accounting
Standards board highlighted the
reality of mismanagement of state
and local government pension
programs. It reported on a $1.38
trillion gap between the assets
states have set aside for retirement
payments and health care programs
compared to the amount of their
obligations to retirees. Without
changes, many State and local
governments will find themselves
filing for Chapter 9 bankruptcy. At
the same time, these gaps likely
cannot be resolved without cuts in
benefits or increases in taxes. US
elected officials need to realize
that the government must act before
the entire system collapses.
WORLD
South
Korea: South Korea's Aging Society Could
Burst Housing Bubble (June 26, 2012) In
South Korea, the percentage of working-age
population peaked this year at 73.1
percent and will start to decrease
beginning next year. The population bonus
that South Korea has been enjoying thus
far will become an aging wave of baby
boomers. The Hyundai Research Institute
warns that this development could burst
the housing bubble and trigger a financial
crisis as has happened in other countries.
It recommends that laws and regulations be
changed to reflect the changing
demographics.
China: Retirement Age Remains Unchanged
for Now (June 25, 2012) For
decades, the retirement ages for men and
women in China have been set at 60 years
for men and 50 or 55 years for women. A
recent proposal by the Ministry of Human
Resources and Social Security to postpone
retirement has sparked so much controversy
that the Ministry announced that
retirement ages will remain unchanged for
now. China faces a pension shortfall and
this debt could be alleviated if
retirement is postponed. White collar
workers support the proposal but blue
collar workers do not. Blue collar workers
usually have unstable and harsher work
conditions. When they get retrenched, they
still have to pay into their pension plans
even though they have no income sources.
Citizens are also against the dual-tracked
system in which the government pays the
share of personal contributions for civil
servants but others have to pay out of
their salaries.
In
Documents on Pain Drug, Signs of Doubt and
Deception (June 24, 2012) Researchers
have found that Celebrex, a drug, is no better
at protecting the stomach from side effects
than other drugs. However, Pfizer and its
partner, Pharmacia, put forth results from
only the first six months of a yearlong study.
The primary selling point was its effect on
the stomach. Surprisingly, earlier studies
revealed it was no better at alleviating pain
than most common drugs such as ibuprofen. This
apparent falsification of data is of great
concern to older persons and their advocates.
When will such corporate corruption stop?
HIV
Crisis Facing Black Women in Metro Atlanta
(May 9, 2012) Nearly one in 30 African-American women
is diagnosed with HIV during her life time.
This number is 15 times higher than
Caucasian women and four percent higher than
Hispanic women. While studies show
that race has nothing to do with the issue,
the problem is being traced back to
countries in Africa.
WORLD
Aging
Eyes are Seeing Better (June 29, 2012) According
to a study in Ophthalmology journal, older
persons are seeing much better. Advances in
cataract surgery, smoking reduction and better
treatment for diabetes have contributed to this
trend. Regardless, regular eye exams are
essential for everyone as they age and should be
maintained.
Spain: The First
Edition of the “Manual of the Geriatric
Medical Resident” Was Announced (June 7,
2012) (Article in Spanish)
The 54th Congress of the Spanish Society of
Geriatrics and Gerontology (54 Congreso de la
Sociedad Española de Geriatría y Gerontología)
and the 24th Congress of the Galician Society of
Gerontology and Geriatrics (24 Congreso da
Sociedade Galega de Xerontología y Xeriatría)
announced the manual. It begins with three
principal sections: a section that explores the
value of geriatrics as a field of study, a
section revising the levels of healthcare
provided, and a section about key syndromes. Barbodas: HIV
Prevention Strategies Needed for Elderly
(June 4, 2012)
Minister of Social Care, Steve Blackette, calls
to attention the older persons who are
“potentially at risk of HIV infection.” After an
older person is out of the child bearing age,
they stop practicing safe sex and thus they have
a higher chance of getting STIs. It Is
important to prevent and educate the elderly
about the dangers of HIV/AIDS before we have to
face the consequences at a global scale. World: The War on
Drugs and HIV/AIDS: How the Criminalization
of Drug Use Fuels the Global Pandemic (June
2012)
The Global Commission on Drug Policy describes
that forms of drug law enforcement that both
fail to decrease rates of drug use and block
provision of HIV treatment. The report
includes a summary of recommendations and
details issues within law enforcement that
exacerbate the HIV epidemic.
Prostitution accounts for much of
the problems with HIV and AIDS. While most
people target middle aged men as primary
victims, the older population is ignored. An
example lies in Wuhan, China, when an old
widower was diagnosed with AIDS. As
living conditions in China are rapidly
improving, and the senior population is
increasing, aged men can now fulfill their
sexual needs in the absence of a
partner. This vital issue affects
older people who are elderly who are
disposed to having medical conditions.
We must target HIV/AIDS awareness in the
senior population.
ELDER RIGHTS
US
Ten
Resources to Help Prepare for Aging With
Dignity and Independence (June 29, 2012) As people
age, they will need some form of help with daily
activities such as cooking, transportation and
even health care. Consider the resources of your
community, especially in terms of available
resources. However, knowing about standard
resources that are available to all and being
aware will allow you to be prepared for special
needs in old age. Read further to research more
into these options.
WORLD
China:
China mulls amending law to protect seniors
(June 26, 2012) A draft revision to the law protecting
senior citizens’ rights and interests proposes
changes to the current law such as mandating
visits to parents left behind in rural
communities. The Central Government will also
formulate a national program on seniors’ welfare
and local authorities are to do the same. China
is focused on providing community- based nursing
care as more parents are left with ‘empty
nests’. To promote public awareness, the draft
also proposes September 9 of the lunar calendar
as an officially designated festival for
seniors.
World:
Older Adults Have a Right to Sex (June 28,
2012) (Article in
Spanish) Spanish
women ages 65 and older living in their own
homes reported on their current sexual
behavior. 20% said they had engaged in
sexual activity and intercourse formed 60% of
these cases. When older adults live in a
geriatric residence, privacy is often not
permitted for intimate activities. This
lack of respect to older persons’ right to
intimacy reflects a shortcoming in the training
of caregivers and a social taboo against old age
sexuality.
A
substantive session of the UN is
composed of five segments: the
High-level Segment; the Coordination
Segment; the Operational Activities
Segment; the Humanitarian Affairs
Segment; and the General
Segment. The General Segment
will discuss nine agenda items
relating to the work of the UN in
the field of development.
Three main types of discussions will
occur: the review of the reports of
the Council’s subsidiary and expert
bodies, the system-wide coordination
and review of specific development
issues, and special country or
regional issues.