The elderly suffer more shortages and increased vulnerability due to the crisis

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The elderly suffer more shortages and increased vulnerability due to the crisis

28 September, 2016

The elderly is not less poornow than before the crisis: the decline in the poverty rate -from 19.9 to 14.4% in the last six years- is due to the general impoverishment of the population, while the income of pensioners is maintained. Since the indicator of poverty is relative and that the reference threshold has dropped (to stand at 9,667 euros per year, compared with 10,090 in 2009), "should ever be more poor to be considered officially poor," as the report notes 'SENIORS: POVERTY AND VULNERABILITY' new edition of INSOCAT published by ECAS.

The purchasing power of the elderly decreases because the cost of living is not accompanied by an increase in pensions, and on the other hand the ravages of the crisis on the labor market has made these benefits, often very scarce, should serve to help support families who have lost their sources of income or have been reduced.

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