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The charity, Age Cymru, warns that around 50,000 pensioners in Wales lives in 'severe' poverty. The group is calling on the Welsh Government to do more to support older people across the country.
Tackling poverty remains a key priority for the Welsh Government and I am committed to taking forward a number of programmes that lift people out of poverty or stop the risk of them falling into it.
Examples of our work include appointing an Older People's Commissioner to champion older people's rights, announcing further grant funding of £1million for front-line advice services and fully-funding our free local bus travel service for older or disabled people. There are 725,000 bus passes in circulation, demonstrating the success and popularity of the scheme.
However, we recognise that it is important to identify new opportunities to reduce poverty and improve the lives of those living in the poorest parts of Wales
Older people's charity, Age Cymru, has warned almost 50,000 pensioners in Wales live in 'severe' poverty.
Graeme Francis, from Age Cymru, said: "All older people should have an adequate standard of living.
"No-one should be faced with a calamitous reduction in their standard of living when they retire or be resigned to a life where they are forced to choose between basic essentials in order to make ends meet."
The charity says more needs to be done to help support older people in Wales.
The Deputy Minister for Tackling Poverty, Vaughan Gething, will highlight more than £20 million of Welsh Government investment over the next two years to support Merthyr Tydfil and Rhondda Cynon Taff's most deprived communities.
Speaking at a special event looking at efforts to address poverty in south Wales, he will outline the number of initiatives in place to help the most vulnerable and improve their life chances.
The Welsh Government is facing unprecedented cuts. By 2015 -16 our budget will be nearly £1.7 billion less than it was in 2010 - 11.
Despite this, we are determined to invest in our most deprived communities to help improve health, education and life chances.
That is why we have a multi-million pound investment support package in Merthyr Tydfil and Rhondda Cynon Taff. We are committed to helping people have a better chance of finding work and supporting parents facing the reality of managing on tight budget.
We know that the UK Government's welfare reform agenda is hitting hard with less help for hardworking parents as cuts to tax credits, cuts in help with childcare costs and the bedroom tax really bite.
The Welsh Government's approach is based on a different set of values and priorities. We know that to make the biggest possible difference to people's lives all of us across the public and voluntary sector need to work together much more effectively.
The Welsh Government is investing more than £20 million over the next two years to support Merthyr Tydfil and Rhondda Cynon Taff's most deprived communities, the Deputy Minister for Tackling Poverty Vaughan Gething will highlight today.
The minister will outline the number of initiatives in place to help the most vulnerable and improve their life chances.
The investment includes the Welsh Government's flagship programme to help those living in the poorest areas of Wales, Communities First.
It works to improve health, prosperity and encourages access to education and learning. Communities First in Merthyr Tydfil will receive £1.9 million, while Rhondda Cynon Taff will get £5 million.
The policy works alongside 'Families First' which is aimed at improving the way agencies work together and places a clear emphasis on early intervention for families, particularly those living in poverty, to help stop problems from escalating towards crisis.
Merthyr Tydfil is to receive £1,170,000 for Families First, while Rhondda Cynon Taff £3.8 million.
Both areas will also benefit from the expansion of Flying Start that supports children have the right start in life.
It provides eligible parents free quality childcare for children under the age of four, parenting support, an enhanced health visitor service and help with their children's early language development.
Some of the most disadvantaged communities in Wales will be supported through a £15m investment announced today by the Big Lottery Fund.
Wales has the highest level of child poverty in the UK, with 23 per cent of the population living in poverty.
The Big Lottery Fund is setting up an independent trust to distribute the money to some of the poorest areas in Wales.
The Welsh Government is investing £2.4m to provide money and housing advice to Wales' poorest communities.
It says the cash will be used by Citizens Advice Cymru to help and estimated 19,000 people, targeting 36 communities in total.
A recent consultation showed that many people are put off seeking advice because of the cost of travelling to information centres.
Many people also were unaware that help was available to them.
Vaughan Gething, Deputy Minister for Tackling Poverty has responded to a report by the Joseph Rowntree Foundation on ethnic minority groups in poverty in Wales.
This report sheds further light on the experience of poverty upon people from different community backgrounds. This will help to inform how we act with them to resolve their problems.
The Welsh Government has a strong track record of commitment to social justice and equality of opportunity. The current economic climate makes it even more important that we take action to prioritise the needs of the poorest and to protect those most vulnerable to poverty and marginalisation
This research shows again that where people live can make a big difference to their experience of poverty and their likelihood of gaining work.
“That is why our approach to tackling poverty has a strong focus on narrowing the educational attainment gap, raising skills and bringing job opportunities to poorer communities.