Prior to pensions & tax the poor are in great shape in relation to global situation. But after – the picture changes completely.
Taub Center report says 1/5th of Israel’s elderly live below the poverty level – 7 times more than in most developed countries.
By Omri Efraim
Death of the Israeli welfare state: poverty rates among the elderly in Israel are the highest in the developed world, with a huge margin in comparison to most countries. This is according to a new study by the Taub Center for Social Policy Studies in Israel published Tuesday.
The research conducted by the center’s executive director, Professor Dan Ben-David, and researcher Haim Bleikh, shows that based on their disposable income (after welfare payments, national security benefits and taxes), 21% of Israel’s elderly live below the poverty line. Continue Reading »