John
09-30-2010, 07:13 AM
Independent research for Age UK - formerly Age Concern and Help the Aged - has found that the average household with someone over the age of 75 will lose £2,200 in support by 2014/15.
And the poorest pensioners will be hardest hit, facing an annual loss of services that equates to more than a third of their household income.
Age UK said the figures spark concern that the Government's cuts will be deeply regressive and could have a devastating impact on the vulnerable and frail.
Through modelling the impact of spending cuts they found that younger families with children and older pensioners will suffer most from the proposed slashing of public services.
In cash terms, the poorest over-75s will lose an average £2,030 worth of services by 2014/15 - equivalent to 33.7 per cent of their household income.
And economically deprived 65 to 74-year-olds will fare little better. Service cuts to the tune of £1,870 equate to 29% of their net income, the study suggests.
Source - Yahoo.
And the poorest pensioners will be hardest hit, facing an annual loss of services that equates to more than a third of their household income.
Age UK said the figures spark concern that the Government's cuts will be deeply regressive and could have a devastating impact on the vulnerable and frail.
Through modelling the impact of spending cuts they found that younger families with children and older pensioners will suffer most from the proposed slashing of public services.
In cash terms, the poorest over-75s will lose an average £2,030 worth of services by 2014/15 - equivalent to 33.7 per cent of their household income.
And economically deprived 65 to 74-year-olds will fare little better. Service cuts to the tune of £1,870 equate to 29% of their net income, the study suggests.
Source - Yahoo.