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The Official Poverty Statistic Mask the Economic Vulnerability of Seniors, a new report written by the Carsey School of Public Policy at the University of New Hampshire and released last week at the Maine Summit on Aging, measures the difference between official poverty measures and the new Supplemental Poverty Measure when determining the poverty of Maine seniors.
closeup of US Social Security cards
109,000: That’s how many Maine residents were kept out of poverty by Social Security income each year, on average, from 2010 to 2012, according to a recent AARP Public Policy Institute report. Of those, 76,000 were 65 or older. Nationally, Social Security kept more than 22 million people out of poverty; over 15 million were 65-plus.
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