City
Epaper

Over three million elderly Germans at risk of poverty

By IANS | Updated: November 16, 2024 19:00 IST

Berlin, Nov 16 Data from Eurostat reveals that approximately 3.2 million elderly Germans aged 65 and over are ...

Open in App

Berlin, Nov 16 Data from Eurostat reveals that approximately 3.2 million elderly Germans aged 65 and over are at risk of poverty.

The number has remained relatively stable in recent years, with 3.245 million seniors affected in 2023 compared to 3.157 million in 2022, Xinhua news agency reported quoting the German news agency DPA on Saturday.

This, however, stands in contrast to 2013, when only 2.4 million elderly individuals in Germany were at risk of poverty.

Poverty risk is defined as having an income below 60 per cent of the median after social benefits.

Germany's elderly population has grown significantly over the years, rising from 12 million in 1991 to 18.7 million in 2022.

This demographic shift means seniors now make up a larger share of the population, according to the Federal Statistical Office.

The issue of elderly poverty has intensified debates over pension reform in the country, with German political parties sharply divided on potential solutions. According to DPA, major changes are unlikely to occur before the formation of a new government.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalGold Prices Dip Across India on May 16: Check City-Wise Rates Here

NationalMan delays mother's cremation, demands her silver bangles in Rajasthan

NationalSikkim CM leads Tiranga march on statehood day, tricolour waves high in Gangtok

Cricket"They haven't pressed on my button...": Nortje's bombshell statement on South Africa's selection ahead of WTC final

NationalOperations of Turkey-based Celebi Aviation suspended at Bengaluru airport; 500 staff moved to other agencies

International Realted Stories

InternationalWant to meet Putin as soon as we can set it up: Trump

InternationalPak: Protests erupt across Gilgit-Baltistan after arrest of Awami Action Committee leaders

InternationalUrban renewal in Israel increases as share of housing construction

InternationalDengue fever cases surge in Southern Vietnam

InternationalIreland reaffirms commitment to human rights amid rising concerns over Baloch activists' detention