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Israel unprepared for its aging population

In an interview with Al-Monitor, Minister of Senior Citizen Affairs Uri Orbach says that Israel is unprepared for the global phenomenon of prolonged lifespans, with too many poor elderly, and must act rapidly to assure pension resources before it's too late.
An elderly couple walk on a path leading to Jerusalem's Old City February 4, 2012. REUTERS/Amir Cohen (JERUSALEM - Tags: SOCIETY RELIGION) - RTR2XB7F
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Minister of Senior Citizen Affairs Uri Orbach is convinced that even if the ministry that he heads is considered the least appealing now, within just two decades, it will become one of the government's most coveted ministries. In fact, he says it will undergo the same process that the Ministry of Environmental Protection experienced.

“The scope of handling the issue of senior citizens in modern society is dramatic,” he said in an interview with Al-Monitor. “The elderly population will grow significantly in the future, and that has economic implications. There will be a disaster here, if we don’t take care of the problem now. People won’t be able to live off their pensions.”

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