Demographic Meltdown
May 16, 2023•11 min
Episode description
When the world's first state pension was introduced in Prussia in 1889, the qualifying age was 70 and the average life expectancy was 40. Half a century later, in 1935, many countries lowered the retirement age to 65, but still barely half the population lived long enough to claim it. Now, it's clearly a very different story.
With the help of PD James, Sarah Dunant looks at how the UK can tackle the demographic nightmare it currently faces - an ageing population but falling birth rates.
Producer: Adele Armstrong Sound: Peter Bosher Production coordinator: Helena Warwick-Cross Editor: Richard Fenton-Smith
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