RESEARCH carried out by the International Labour Organization (ILO) Regional Office for Latin America and the Caribbean, which was released last month, has found that more than a third of retirees are either unpensioned or do not have an income to sustain them.
Coming out of the study, “The ILO has warned that old age-related social protection coverage is deteriorating, leaving 34.5 per cent of people over 65 without any labour-related income or pension