herald

Sunday 16 December 2018

One in 10 OAPs are at risk of poverty

ONE in 10 pensioners are at risk of poverty despite a near 50pc jump in income levels over a five-year period.

Official figures showed the gross weekly income for over 65-year-olds rose from an average ¤289.05 in 2004 to ¤428.86 in 2009.

The proportion in poverty was 1.1pc in 2009, down from 3.9pc, while those at risk of poverty was 9.6pc, down from 27pc in 2004.

The Central Statistics Office (CSO) said pension payments from the State remained the most significant source of income, well over half in both 2004 and 2009.

But it revealed some senior citizens continue to work for wages, with others in receipt of occupational pensions.

Campaign groups have demanded the State freeze pension payments in the upcoming Budget to protect the most vulnerable of older people, especially those who are ill or live in poor accommodation.

hnews@herald.ie

Promoted articles

Entertainment News