Report: Status of Seniors in Bermuda
The Royal Gazette (Bermuda)5 December 2008
Seniors in Bermuda are generally doing well but they may need government assistance with health care and transportation, among other needs, according to this survey by Bermuda’s Department of Statistics.
By Robyn Skinner
Thirty five percent of seniors in Bermuda make less than $25,000 a year, according to the Seniors Test for Ageing and Trends (STATS) survey that was released this morning.
The first survey of the Island’s seniors to be done by Bermudians and for Bermudians was released during a joint press conference with the Department of Statistics, Age Concern, the Ministry of Social Rehabilitation and the National Office for the Seniors and Physically Challenged.
Started in 2006, the survey visited 875 households – 508 households participated where 695 eligible seniors were interviewed.
Some of the findings were that:
- 35 percent have an annual income under $25,000
- 25 percent had incomes between $25,000 and $50,000
- 21 percent had incomes that exceeded $50,000
- 21 percent of the seniors have an annual income of over $50,000.
- 59 percent of the seniors report a net income of $2,284 per month after expenses.
- 18 percent of seniors report a net