Israel's seniors in poor financial shape compared to Europeans

Israels seniors in poor

By JACOB KANTER
November 6, 2009 01:27
1 minute read.

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

Israel's elderly community is one of the fastest growing in the world, and it is also one of the poorest, according to statistics released Wednesday by the Israel Gerontological Society. Dr. Israel Doron, chairman of the society, delivered updated information regarding Israel's seniors at a conference on Wednesday on the rising life expectancy rate within the country, organized by the school of Behavioral Sciences at Netanya Academic College. Twenty three percent of Israel's seniors live below the poverty line, compared to 10% in northern Europe and 15% in Eastern Europe. In 2009, the rate rose significantly, largely as a result of the economic crisis, according to Gideon Ben Israel, chairman of the Pensioners' Union. Ben Israel added that since many people have been fired from their jobs, they can no longer help their parents financially. While these statistics are troubling on their own, the rate at which the elderly community is growing within Israel compounds the problem. According to Doron, seniors made up 4% of the population when the state was formed in 1948. That number currently stands at 10%, and is expected to rise to 14% by 2030 - a rate higher than that of both the US and Europe. The rapid aging of Israel's population stems from the country's high life expectancy - nearly 81 years - and the wave of aliya from the FSU. The conference also showcased some troubling data regarding seniors' non-financial problems. Forty percent are afraid to walk alone at night as a result of rising violence against them, and 95% watch television - often to combat loneliness.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Jisr az-Zarq
April 3, 2014
Residents of Jisr az-Zarqa beckon Israel Trail hikers to enjoy their town

By SHARON UDASIN