Kok-Hoe Ng1. 1. Centre for Analysis of Social Exclusion (CASE), The London School of Economics and Political Science, London, UK.
Abstract
AIM: The study aims to project future trends in living arrangements and access to children's cash contributions and market income sources among older people in Hong Kong. METHOD: A cell-based model was constructed by combining available population projections, labour force projections, an extrapolation of the historical trend in living arrangements based on national survey datasets and a regression model on income sources. RESULTS: Under certain assumptions, the proportion of older people living with their children may decline from 59 to 48% during 2006-2030. Although access to market income sources may improve slightly, up to 20% of older people may have no access to either children's financial support or market income sources, and will not live with their children by 2030. CONCLUSION: Family support is expected to contract in the next two decades. Public pensions should be expanded to protect financially vulnerable older people.
AIM: The study aims to project future trends in living arrangements and access to children's cash contributions and market income sources among older people in Hong Kong. METHOD: A cell-based model was constructed by combining available population projections, labour force projections, an extrapolation of the historical trend in living arrangements based on national survey datasets and a regression model on income sources. RESULTS: Under certain assumptions, the proportion of older people living with their children may decline from 59 to 48% during 2006-2030. Although access to market income sources may improve slightly, up to 20% of older people may have no access to either children's financial support or market income sources, and will not live with their children by 2030. CONCLUSION: Family support is expected to contract in the next two decades. Public pensions should be expanded to protect financially vulnerable older people.