Greater Longevity is a Call to Action for Governments, Industry, Global Institutions NEW YORK (Jan. 26, 2011) – The Global Coalition on Aging announced its launch today as a pioneering new initiative to raise awareness and address the social and economic impact of global population aging. Founding members are AEGON, Bank of America Merrill Lynch, Galderma,…

In many countries, older people entitled to government-funded pensions, health services and long-term care will soon outnumber the work force whose taxes help finance those benefits. 

Greece’s recent fiscal meltdown wasn’t caused just by carefree government spending. It was an inevitable result of the country’s aging population, which has long been accustomed to extravagant health care and retirement benefits.