Many older Filipinos who are not officially classified as poor remain economically vulnerable. This suggests that poverty rates alone may fail to identify many seniors who could benefit from social protection programs, according to studies presented during the recent ‘Inclusive Social Protection Services in the Philippines’ Policy and Research Forum. The forum was organized by the Philippine Institute for Development Studies (PIDS) and Australia’s flagship Social Protection, Inclusion, and Gender Equality (SPRING) program in the Philippines. Presenting a study on household vulnerability to income poverty, PIDS supervising research specialist Deanne Lorraine Cabalfin said poverty statistics alone are insufficient for identifying older persons at economic risk. The study found that while only 7.8% of senior citizens were classified as poor in 2023, 24% were vulnerable to falling into poverty. The official poverty threshold measures whether households can afford a minimum basket of...
Online edition of The Ilocos Times, a community newspaper based in Laoag City, Ilocos Norte.