A new study reveals that while Israelis are living longer, the financial security of older citizens is not evenly distributed. The research highlights significant disparities, with older Arabs and single women facing greater economic challenges in retirement compared to their Jewish counterparts. Employment rates after age 65 are notably lower among Arab men and women, and single women have the lowest average monthly income. Education is a key factor in continued employment and financial stability for seniors. The study calls for comprehensive policy reforms, including better indexing of benefits, stronger pension protections, and targeted support for vulnerable groups to address these persistent inequalities.
image sourced from original article at https://www.timesofisrael.com/as-israelis-live-longer-older-arabs-single-women-lag-behind-on-financial-security/Original article source: https://www.timesofisrael.com/as-israelis-live-longer-older-arabs-single-women-lag-behind-on-financial-security/
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