WCCO EYE4 LOGO WCCO Radio wcco-eye-white01, ww color white

Local

Minn.’s Aging Population Poses Budget Challenges

View Comments

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. Full Interview: Jesse Ventura Talks After Trial
  2. 4 Things To Know For 7/30
  3. Remarkable Softball Player Gets A Look At His Dream Job
  4. Lake Calhoun Hosting Paddle For Humanity
  5. The Lowdown: 'N Sync Album & 'Sharknado 2'

ST. PAUL, Minn. (AP) — Minnesota is headed toward a significant milestone in which more of its residents are senior citizens than school-aged.

State Demographer Susan Brower told a panel of top legislators on Monday that Minnesota is on course to reach that point in 2020. It represents the point when those older than 65 years are a bigger share of the state population than those between 5 and 17 years old.

The demographic trends are important because they suggest where future budget pressures lie. Medical and long-term care costs the state subsidizes are already rising fast, crowding out available money for other things. And more retirees mean fewer income tax dollars will be coming in.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus