Portugal -Austerity affects elderly people most -September 10, 2015

The Global AgeWatch Index 2015 ranks Portugal as the third worst country in Western Europe in terms of social and economic well-being for people aged over 60, being topped only by Malta and Greece. Worldwide, Portugal ranks ‘moderately’ in the Index at 38th. The Index found that older people have been substantially affected by austerity measures imposed by the government over recent years. Despite having universal pension coverage, ‘the poverty rate in old age is still high at 7.8%’, the report argues. Since 2010, when pensions were cut by 3.5% to as much as 40 percent, pensioners lost around 628 million euros per year.

English: http://theportugalnews.com/news/good-for-the-young-not-for-the-old …

http://www.helpage.org/global-agewatch/population-ageing-data/country-ageing-data … 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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