Interesting article on poverty levels among senior citizens

The poverty rate among people aged 65 and older fell from 25.0% in 1968 to 9.7% in 2008.  Growth in real wages—and in the Social Security and pensions based on wages—contributed to the decline in the percentage of older Americans living in poverty; however, because the poverty threshold is indexed to rising prices, the poverty line has fallen relative to median income.  Click on the title link to read the Congressional Research Service article of Nov. 4 2009.