*1.1.2.7 Old age*

Demographic changes underway in Bangladesh mean that the population is gradually aging. Currently, around 7% of the population is over 60 years and, this will increase significantly in the coming decades, reaching almost 12% by 2030 and 23% by 2050. According to HIES 2010 some 28.2% of people aged over 60 are found below the poverty line [3]. According to the Ministry of Finance, there are 144 programs under the SSS currently financed through the budget and the total amount spent on these programs in FY2015–16 was Tk.375.46 billion [6]. Among them, the numbers of life cycle-based programs are 71. Besides, the government is pursuing some other kinds of major programs such as, emergency or seasonal relief programs, micro-credit programs, climate change related programs and food security programs. In FY 2016–2017, government intends to enhance the coverage of the social protection programs. The government intends to increase the number of beneficiaries of OAA by 5% which will raise the total number to 31.5 lac and raising the monthly allowance by Tk. 100 to Tk. 500.
