The Elderly Take It To The Streets In Venezuela, Demanding What They Earned

Jessica Kramer | Contributor

Senior citizens in Venezuela took to the streets on Wednesday in protest after being denied their retirement benefits and pension plans.

“The president promised $4 million bolivars — [$33 American dollars] — but they’re not paying us our pension, they’re paying us only $2 million bolivars — [$16 American dollars] — which is not even enough for a half box of eggs,” said one man interviewed on camera, according to Rappler.

WATCH:

One retiree Basilio Octo, 68, says he often has to get up in the middle of the night to wait for the bank to open and withdraw from his savings, according to Agence France-Presse.

Food can sometimes be bought significantly cheaper — three times to be exact — if the buyer pays cash, AFP reported.

“If we have to pay with a card, we are getting robbed,” Octo said, according to AFP.

Venezuela is in a dire situation of “economic collapse,” warned the International Monetary Fund, according to Voice of America.

The country is currently struggling with hyperinflation and massive food shortages.

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