29% elderly have access to social security schemes like pension, PF: Study

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29% elderly have access to social security schemes like pension, PF: Study - Business Standard

Quick Summary:

A similar proportion receives financial support from family members, with elderly women slightly more likely to receive support than their male counterparts, the study -- 'Ageing in India - Exploring Preparedness & Response to Care Challenges - A HelpAge India Report' -- released on Friday on the eve of World Elder Abuse Awareness Day said.

The study, which surveyed 5,169 elders and 1,333 caregivers from different socio-economic categories across 20 Tier I and Tier II cities in 10 states, sheds light on issues related to work participation, financial security, health, caregiving, social participation, and digital access.

Only 29 per cent elderly people reported to have access to social security schemes, such as old-age pensions or provident funds, according to a study by the NGO HelpAge.