Hundreds of thousands of old people are struggling to cover the cost of necessary, a new report on the scale Pensioner poverty in UK Has been revealed.
More than half of pensioners on low income (54 percent) say that they find it It is difficult to keep with billsResearch has been found by the Living Wage Foundation (LWF).
It has been said in donations that 35 percent are relying on profit, or Wealth To get from friends and family, because basic income is no longer enough to spend the basics.
it is Priorly pronounced to rent pensionersAlong with falling back with bills about a quarter (24 percent), they are unable to take a loan to cover the heating or food, or to cover the necessary.
LWF director Catherine Chapman said: “These conclusions show difficult reality for many people. Pensioners Which, after a lifetime work, is still left enough to live.
“No one should worry about applying heating when it is hot, when it is cool or boil the kettle for a cup of tea. Good news is that, a simple way is that employers can play their role in dealing with pensioners poverty.”
LWF report also found that:
- Living standards have declined, about half retired (48 percent) said they have to cut back on hobbies and entertainment
- Two out of five of low income Pensioners (42 percent) said that they considered themselves for medium-up-high-earners for most of their work life, saying that they are struggling more when they work.
- Most pensioners are dependent on state pension, more than half (54%) has no workplace pension.
In the 80s, a pensioner Sheela said: “It is difficult, really difficult. Everyone thinks that the elder people are all rich, but this is not just true. I have not turned on my heating for three years.”
“The most difficult business-closer has been between heating and eating because it is what comes down in winter. When something breaks, the boiler, fridge, or I need a new pair of shoes, I get nervous, because I know I can’t change it.”
“I would say, we are not asking for pensioner luxury, we just want us to get. We worked, we paid, and now we have been left for struggle.”
LWF has called for businesses to get its living pension recognition, to help employers to help make up a pension pot for employers who will provide adequate income to meet basic needs Retirement,
It is based on an annual contribution of 12 percent of all earnings in an employee’s pension pot, or £ 2,950 of savings in 2024/25, not more than 5 percent from the employee.
About two million pensioners in the UK are estimated to be in poverty in the UK, according to Edge UK, a figure that is growing quickly.
In response to the LWF report, Charline Abraham CBE, Charity Director, Charity Director in the UK said: “The cost of high living is killing in every household, but we know that many older people with less or minor income get all this, but are impossible to deal with continuous rising prices for the necessary prices such as food and energy.”
Last year, the Resolution Foundation estimated that the state pension supplement and minimum income standard would require £ 100,000 on retirement.
The influential think tank first supported the living pension policy in 2021, when it was led by the current pension minister and Treasury Secretary Torson Bell.
LWF’s findings, shadow work and pension secretary, Helen Whaili said, “Figures are deeply related. Anyone should not leave any person working hard in his life to choose between heating and food in retirement.”
“In the government, the conservatives started triple lock, and excluded many pensioners from poverty, however, since the choice of labor and as a result of economic failures, except inflation spring, many older people are struggling to meet at the end – especially after their cruel decision to cut winter fuel payments for the previous winter.”
The report called for a national strategy to deal with pensioners in July after the work and pension committee.
Along with recommending a strategy to increase the pension credit, the cross-party group of MPs said that the government needs to ensure and ensure the minimum level of retirement income, and make a plan for each pensioner to reach that level.
Commenting at the time, the committee chairman Debbie Abraham said: “Poverty is insidious. It is isolated, damages health, and protects you from dignity. You are at least entitled after decades of contributing to the dignity of society in retirement.”
“But many are forced to make sacrifices that will accelerate their aging because they do not have enough to live.”
“With a combination of high energy costs, unhealthy and sometimes a combination of high rates of pensioners in privately rented houses, tackling pensioner poverty is not just a DWP issue. Therefore, we are calling for a nationwide, cross-government strategy for a growing society that must be in equity and welfare.”
A DWP spokesperson said: “It is the highest priority to support pensioners, and thanks to our commitment to triple lock, millions of people will see an increase in the annual state pension from £ 1,900 to this Parliament.
“We have also launched the biggest campaign to promote pension credit take-up, with more than 57,000 additional pensioner families awarded with benefits, priced at an average of £ 4,300 per year.
“To ensure that tomorrow’s pensioners will not be poor compared to today, we are reviving the Pension Commission to deal with the obstacles that prevent many people from saving.”