Yes, but why refer to people by their means of income . Or their means of income in their retirement years. How’s that relevant to the story ? This is very common in the UK media.
Because they are somewhat better protected there than here. It is a point of earned honor.
It is also a point of vulnerability, alerting people to be protective.
They don’t see it the same way, those silly blokes. Just cultural norm over there. It’s more of an age descriptive than income descriptive.