This figure has now reached almost 2 million people.Poverty is on the rise among the elderly. Even after decades of work, the monthly pension is often insufficient to cover all expenses. Women especially feel the burden more, because they have worked more part-time and are paid less. According to a recent study by the Bertelsmann Foundation in Germany, old-age poverty is expected to affect around 20 percent of Germans in 2036.Persons whose pension is lower than the defined limit are allowed to request assistance from the state.
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But many people Niue Email List are reluctant to do this because they are afraid of being seen as needy. Studies show that two-thirds of people who are entitled to help are afraid to receive it. Older people often prefer to work longer hours, or collect cans that are reimbursed for recycling to add a few euros to their wallets.The working poor In Germany, the number of people who are unable to live on their income despite working full-time is increasing – despite the recent increase in the minimum wage to €12 an hour. At 12 euros per hour, a childless person working 40 hours a week earns 1,480 euros net per month.
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Although this amount USA CFO is above the minimum poverty line, the amount of use has decreased due to the increase in inflation.Students have been severely affected by this situation, especially those who receive loans from the state to study. These students receive 934 euros per month, including rent and health insurance. This amount of money has caused many students to live below the poverty level. The German government has made plans to spend 200 billion euros to mitigate the effects of rising energy costs. However, this does not cover the additional costs at all and economists think that inflation will remain high.