Sunday, 21 July 2024

Pensioner Poverty

ACCORDING to official figures, British pensioners are among the poorest in Europe!

The data (collected by the Office for National Statistics – ONS) reveals that around one in five of British Senior Citizens were classed as being at risk of poverty. At 21.4 per cent the ONS notes that this is “significantly higher” than the European average of 15.9 per cent.

The ONS defines ‘as being at risk of poverty’ if their disposable income is below 60 per cent of the UK median disposable income.

Britain had the 10th highest at-risk-of-poverty rate among the 27 EU states in 2010 (for which the figures relate to).

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