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Euronews (13.02.2025) In many European countries, pension income is significantly lower than pre-retirement earnings from work. This makes it difficult for many older people to maintain their standard of living after retirement. Nearly one in six pensioners are at the risk-of-poverty in the EU, with the rate increasing from 12% in 2013 to 15.5% in 2023. So, how do pensions compare to pre-retirement work income across Europe? In which countries do pensioners receive the highest and the lowest share of their late-career work earnings?
Eurostat's Aggregate Replacement Ratio evaluates the effectiveness of pension systems in enabling older people to maintain their standard of living after retirement.
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