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3.2 million elderly in Germany at risk of poverty

Berlin, November 16. A new report has come out about the elderly in Germany. Eurostat data has shown that about 3.2 million elderly people over the age of 65 in Germany are at risk of poverty.

News agency Xinhua quoted German news agency DPA as saying that the poverty rate of senior citizens in Germany has remained stable in recent years. 3.245 million senior citizens are affected in the year 2023 and 3.157 million in 2022.

However, this figure is quite different from the figure of 2013, when only 2.4 million elderly people were at risk of poverty in Germany.

In fact, the risk of poverty is defined as when a person’s income is less than 60 percent after social benefits.

The elderly population in Germany has increased in the last few years. The elderly population was 12 million in 1991, which increased to 18.7 million in the year 2022.

According to the Federal Statistical Office, this demographic change means that the elderly population has become a large part of the country’s population.

Meanwhile, the debate on the issue of poverty of the elderly has intensified regarding pension reform in the country. There are many differences among German political parties on possible solutions. According to DPA, major changes are unlikely before the formation of a new government.

 

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