Country Comparisons
Throughout the world, countries provide for the retirement security of their workers in different ways. These varied approaches result in different outcomes.
One way to measure these outcomes is to compare the percentage of people age 65 and older who live in poverty. For purposes of the following chart, “poverty” is defined as income that is less than 40 percent of the earnings received by typical workers in a country. Read this for more information about this data.
Another way to measure outcomes is to compare the amounts of income that people receive before and after retirement. In the chart below, the percentage figure reflects the “replacement rate” provided at age 65 to typical retirees by social security-type programs and pension or savings programs that require participation by most or all of the workers in that country.
To read about a country’s retirement programs click on the red text.
COUNTRY |
PERCENT OF AGE 65+ PEOPLE IN POVERTY |
PERCENT OF EARNINGS RECEIVED BY RETIREES |
|
5.8 |
52 |
||
1.5 |
57 |
||
3.0 |
65 |
||
4.0 |
72 |
||
5.6 |
89 |
||
59 |
|||
1.4 |
84 |
||
10.2 |
88 |
||
2.1 |
68 |
||
6.7 |
48 |
||
15 .1 |
43 |
||
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