As of the beginning of April this year, the average labor pension in Russia amounted to 10.4 thousand rubles. This is approximately 38% of the average wage. It is sad, although, for example, in India, only former civil servants receive state pensions. Most of the Chinese in old age also do not receive pensions and can only rely on their savings and children's support.
We suggest considering Top 10 countries with the highest pensionswhere pension coverage is at least half of the salary.
10. Czech Republic
Pension payments in this country account for approximately 50% of wages. The retirement age for men is 61 years old, for women - 58 years old. The life expectancy of men and women is 79 and 81.8 years, respectively.
9. Portugal
In the far from prosperous European country, pensioners receive an average of 54% of their previous salary. The retirement age for men and women is the same - 65 years with an average life expectancy of about 84 years.
8. Finland
The Finns retire almost 58% of their salary. The retirement age in Finland is 65 years. Life expectancy is 84 years. The working population, which accounts for 68.4%, provides such a high level of pension payments.
7. Slovenia
Pensioners in this country receive more than 62% of their salary. The retirement age for men is 63 years for men and 61 for women. The average life expectancy in Slovenia is 82 years.
6. Turkey
For Turkish pensioners, the pension provides 64.5% of the salary, while women retire at 58 years old, men at 60. Mothers with 5 or more children, which are not uncommon in this country, retire at 48 years old. The average life expectancy in Turkey is 77 years.
5. Italy
The Italian pension is 64.5% of the salary, and the retirement age is 59 years for men and women. Moreover, the average life expectancy of Italians is 84 years. The share of the working population in the country is at the level of 57%.
4. Austria
Austrian retirees receive approximately 77% of their previous salary. The retirement age is 65 years for men, 60 for women with an average life expectancy of 82.5 and 85.4 years, respectively.
3. Spain
Despite the crisis in the economy, Spain maintains a decent level of pension coverage. Pensioners here receive 81% of their previous earnings, and the retirement age for all is the same - 65 years. The average life expectancy in Spain is 84.5 years.
2. Luxembourg
Being a pensioner in this small European country is quite pleasant; the average pension is 87% of previous income. The retirement age for both sexes is 60 years. Luxembourg has an average life expectancy of 82 years.
1. Greece
Surprisingly, the most crisis-ridden European country continues to support highest pension. The size of the Greek pension is almost 96% of previous income. True, the level of salaries is considered one of the lowest in Europe. The retirement age in Greece comes at 57 for men and women.
