Convite warned of an increase in the number of elderly adults who have had to return to work in Venezuela
Convite warned that the number of elderly adults who have had to re-enter the labor market to subsist in Venezuela has increased.
TL;DR
- Convite reports an increase in elderly adults returning to work in Venezuela due to insufficient pensions.
- Pensions fail to cover basic needs such as food, recreation, and healthcare.
- Chronic illnesses like diabetes and hypertension require ongoing medication and proper diet, which pensions do not adequately cover.
- Migration has led to many elderly individuals living alone and experiencing emotional distress.
- Some elderly adults have become caregivers for children or those with disabilities, often women, without institutional or psychological support.
- Protests by pensioners and public sector workers demanding salary and pension increases have occurred, highlighting the low value of current pensions.
- The current pension in Venezuela is 130 bolivars, equivalent to approximately $0.29 USD.
- There has been no increase in the minimum wage or pensions since March 2022.