Old-Age Income Poverty in the European Union and Turkey


AYDIN K. , GÜLOĞLU T.

SOSYOEKONOMI, vol.29, no.48, pp.473-488, 2021 (Journal Indexed in ESCI) identifier

  • Publication Type: Article / Article
  • Volume: 29 Issue: 48
  • Publication Date: 2021
  • Doi Number: 10.17233/sosyoekonomi.2021.02.22
  • Title of Journal : SOSYOEKONOMI
  • Page Numbers: pp.473-488

Abstract

This study examines various aspects of the poverty of the population aged 65 and over in the European Union countries and Turkey using the 2017-2018 Income and Living Conditions Surveys data. The results indicate that 88% of the elderly population in EU countries and 70% in Turkey were below the poverty line compared to the median income limit of 60% before social transfers. The old-age income poverty rate decreased to 14.4% in EU countries and 16.6% in Turkey after social transfers, including pensions. For a comparison of the poverty line with the pensions of the population aged 65 and over, only 5% of the pensioners in Turkey and 15% of the pensioners in EU countries were below the poverty line. Moreover, half of the pensioners in the Baltic countries were below the poverty line. According to the income poverty and persistent poverty criteria in the EU' s social exclusion and poverty risk measurements, Turkey's older people were close to the EU average. However, Turkey is located in the bottom row to meet at least four of the nine needs on the scale of material deprivation.