Pension Gaps in Europe: A Tale of Wealth Disparity
Update: 2025-12-20
Description
Pension Income Across Europe: A Wide Variance - Explore the vast differences in pension income across Europe, with the average gross annual old-age pension ranging from around three thousand three hundred euros in Turkey to over thirty-eight thousand euros in Iceland. Within the EU, figures span from about four thousand four hundred seventy-nine euros in Bulgaria to thirty-four thousand four hundred thirteen euros in Luxembourg. The significant economic disparities highlight the need for familial support in poorer EU countries. While adjusting for cost of living reduces the gap, factors like housing costs, healthcare access, and job opportunities for older workers still impact retirees financial well-being.
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