Cambodia’s elderly receive inadequate support

For 70-year-old Chan Shay, the choice between working through old age and a retirement in poverty is an obvious one.

Shay, a cyclo taxi driver in Phnom Penh, said that while he dreams of retiring to his home in Takeo province, in reality he can see no future outside of work. …

With just five percent of the elderly population estimated to receive a formal pension, compared to a global average of 66 percent, the report calls for “expansion of pension coverage for all older people aged 65 years and above”. …

Opposition lawmaker Mu Sochua, whose party campaigned last year on a platform of offering a US$10 monthly pension payment to individuals over the age of 65, said the policy needs to change. …

Alice Cuddy and Khouth Sophak Chakrya
http://www.ucanews.com/news/cambodias-elderly-receive-inadequate-support/72092