Dignified old age: overview of pension amounts in different countries


The pension topic has always been a sensitive issue for the republics of the former Union, and it has literally become a constant topic in the media. But after June 2021, when the Russian State Duma introduced a bill to raise the retirement age, even those who were not affected by this problem due to their youth or a reliable financial situation became interested in the problem.

Dissatisfied citizens demanded an explanation for this decision, and officials argued their actions by the fact that in order to have a secure old age, one must work more, and retirement in the developed countries of the world comes earlier than in the Russian Federation. This rationale is partially true, although it neutralizes other variables that influence social and financial well-being. An integrated approach to the issue will allow you to take into account all factors, seeing the whole picture.

The highest pensions among countries in the world

The simplest way to compare the size of pensions in countries around the world is a table with infographics. In addition to the amount of pension payments, other data is also considered: demographic statistics, life expectancy, cost of living in rubles per month, as well as the ratio of social payments in various countries to the average income in Russia.

Dignified old age: overview of pension amounts in different countries

Source: iz.ru

Experts also highlight purchasing power, prices for food, medicine and utilities, tax policy, the situation on the labor market and the conditions under which a person can count on government compensation - the list is not exhaustive. Let's look at each country in more detail.

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