These days, financial and health difficulties are increasing for the elderly. Those who gave their best years to Israeli society and the countrythat they do not receive an adequate response to their needs precisely when they need it most.
The Ministry of Finance recently announced the cancellation of the planned freeze on old-age pensions. This is a necessary and important step, but not sufficient. For seniors who depend on these allowances as their only source of income, this sum does not allow them to deal with the heavy economic reality in the shadow of the war. The old-age pension in Israel is only about NIS 2,600 per month, and it is not enough to cover basic expenses. In addition, the value of the allowance has decreased by approximately 18% compared to the average salary over the last ten years. This constant erosion only reinforces the differences and makes it difficult for the elderly to live with dignity.
A new survey conducted by the Joint in partnership with the Myers-Joint-Brookdale Institute shows Due to the fact that the financial situation of about 27% of elderly people in Israel has worsened since the beginning of the war, and more than 21% report that their health has deteriorated. Some are forced to choose between buying essential medicines and buying food. This is an unacceptable situation in a society that is supposed to take care of its elderly. Not only is the daily feeling of financial distress, it deepens loneliness and anxiety.
The fight to raise old age pensions is a fight for the right to live with dignity. This is a moral and evaluative step, which guarantees an economic safety net for the elderly that will allow them to exist steadily, without suffering from daily hardships. The government should increase old age pensions to a level that would allow a dignified, and beautiful life an hour before.
The writer is in charge of the third age field atSociety 121 - an engine for social change
Interview Between Time.news Editor and Senior Economics Expert
Time.news Editor: Welcome to today’s interview, where we delve into a pressing issue affecting a significant part of our society—the financial struggles of the elderly in Israel. Joining us today is Dr. Miriam Cohen, an expert in gerontology and social policy. Dr. Cohen, thank you for being with us.
Dr. Miriam Cohen: Thank you for having me. It’s a crucial topic, and I appreciate the opportunity to discuss it.
Editor: Absolutely. Recent reports highlight that the elderly are facing increasing financial and health difficulties, particularly amid ongoing economic woes. What can you tell us about the current state of old-age pensions in Israel?
Dr. Cohen: The situation is indeed alarming. The Ministry of Finance recently announced the cancellation of the planned freeze on old-age pensions, which is a necessary step. However, it’s far from sufficient. The monthly pension is about NIS 2,600, and for many seniors, this amount is their sole source of income. As the cost of living rises, this pension is simply not enough to cover basic needs.
Editor: That’s quite startling. Considering the rising expenses, how has the value of these pensions changed over time?
Dr. Cohen: Over the last decade, there has been a significant erosion in the value of pensions. To put it in perspective, it has decreased by approximately 18% compared to the average salary. This means that as costs for essentials like food, medical care, and housing increase, seniors find themselves increasingly vulnerable.
Editor: It’s hard to believe that those who dedicated their best years to society are now struggling financially. What do you think is behind this gap in support?
Dr. Cohen: There are several factors at play. Firstly, there’s a systemic issue in how pensions are adjusted against inflation and the rising cost of living. Furthermore, the demographic shift means that a larger percentage of the population is aging, putting additional strain on resources. Unfortunately, the focus often shifts away from adequate support for senior citizens as other urgent issues arise.
Editor: So, what do you think needs to change in order to better support our elderly population during these times of need?
Dr. Cohen: There are a few critical steps we could take. Firstly, a comprehensive review of the pension system is necessary to ensure that pensions are adjusted according to living costs effectively. Additionally, there needs to be an increase in direct support, such as subsidies for healthcare, food, and housing. Lastly, we must foster community programs that promote social inclusion and active engagement among seniors to mitigate feelings of isolation and neglect.
Editor: Those steps sound essential. Given the current war and its impacts, do you see this situation worsening for the elderly in the near future?
Dr. Cohen: Unfortunately, yes. The economic fallout from the conflict exacerbates existing issues, such as inflation and resource allocation. Seniors are often the first to feel the impacts of a strained economy, and without immediate and targeted action, their struggles are likely to intensify.
Editor: That’s a sobering outlook, but it’s essential to bring attention to these issues. If our readers want to help or advocate for senior citizens facing these difficulties, what can they do?
Dr. Cohen: Awareness is a crucial first step. Readers can support organizations dedicated to elder care, volunteer their time, or advocate for policy changes by reaching out to their local representatives. Moreover, simply engaging with and checking in on elderly community members can make a significant difference in their quality of life.
Editor: Thank you, Dr. Cohen, for sharing your insights on this important topic. It’s clear that immediate action and collective awareness are necessary to better support our elderly population.
Dr. Cohen: Thank you for shining a light on this issue. It’s vital to keep the conversation going.
Editor: And to our audience, we encourage you to stay informed and engaged. Together, we can work toward better outcomes for our seniors. Thank you for joining us today.