This study aims to investigate the risks and the problems of an aged societythat are already with us in Korea, and then, to propose some solutions of thoserisks and problems. The Aged society has reached a peak due to the combinationof a low fertility rate and increased longevityMostly the current social problems that arise as a result of an aging populationare divided into many parts in terms of the social security systems which mightbe a time bomb for the future unless our society was a rigid and right way to facethe coming social phenomenon so called the Aged Society. The government mayhave to take great pains to support and to care for the aged people as well. Since the adoption of the Elderly Welfare Act in 1981, various policies havebeen piled up as the risks and the problems of an aged society get more serious. However, the present enactments for the welfare of the aged are not goodenough to meet all the risks such as income security, medical security, labor security,and social welfare security so that in preparation for the aged society,more various laws and systems are needed to be prepared and put in to place. The problems of an aged society were classified into three main categories. First, the most aged people will suffer from lack of regular income. Second, themost aged people will suffer from illness without sufficient income. Third, theidea that aged parents support is to be changed the private support first principleto a public aid system. In order to meet the above mentioned risks the subject of an aged society andthe problems must be solved by both the governmental and the private sectors. It is not to be pessimistic, provided we coordinate an effort of an aged societyrather it could be far different than what we are thinking in a gloomy way aboutan aged society.
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