Countries with the largest pensions in the world are scattered all over the planet, and in them the income of people in old age exceeds the salaries of many specialists and workers in many powers. Information about such states, the amount of payments and other interesting information is indicated in the article.
Confident leader
The largest pension in the world is paid to Danish citizens in the amount of $ 2,800. Their pension reform is considered almost ideal from the point of view of ordinary people. To receive such an amount, it is enough to have a certain length of service, and also live in the country for at least forty years. If a person has not passed one of the requirements, then he will not be left without a pension. Money will be paid in old age, but in a much smaller amount. It is worth noting that in the countries of Scandinavia the most acceptable social conditions for life, and Denmark is not out of the total. There is enough money for pensioners for a carefree life, as well as savings for children or grandchildren.
Unexpected second place and third
Confident second place in the list of powers with the largest pension in the world is Mexico. Here, an elderly couple is paid $ 2,129 for two, which is already a pretty significant indicator. At the same time, senior citizens spend on average only one third of this indicator per month, and therefore they are provided with a carefree life. In the United States, such programs for people do not exist, and therefore many move closer to old age to Mexico, where it is easier to live and pay more. The country does not have economic prosperity and stability, but is worried about senior citizens.
Finland takes third place, where one of the largest pensions in the world is also registered. This amount on average reaches almost two thousand dollars. The indicator is usually formed based on the following criteria:
- hard physical work
- moral burden on the body,
- work in harmful working conditions.
For indigenous citizens, a pension is mandatory, and immigrants must live in the country for more than 40 years.
Fourth and fifth places
Switzerland continues the list of countries with the largest pension in the world, where pension reform is time-tested and based on a three-component system. The first of these is monthly contributions in the amount of a certain percentage of income to special funds. The second aspect is necessarily the insurance of your labor, which allows you to already receive about 60% of your income in old age. The third factor is considered voluntary investment in excess of the percentage that is deducted without fail. The system works perfectly, without much effort people retire without the thought of the need to ensure a carefree old age. The average monthly payout is $ 1,900.
The five leaders, unexpectedly for all, are closed by the small country of Panama. Here, a pair of retirees is paid $ 1,865. Given that this is only a thousand less than in Denmark, where the largest pension in the world, and the level of the economy is several times higher, we get an impressive result. It only remains to add that very little is spent on the bills and daily expenses from this amount.
Rating continued
Which country in the world has the largest pensions, it became known from the beginning of the list, but also the neighbors of Denmark are pretty good in this direction. Norway is confidently in sixth place, where the average level of payments is slightly more than one and a half thousand dollars. The pension reform of this country is included in the list of the best research publishers.
State policy is such that an amount of 4.5% of GDP is spent on providing the older generation. Payments are divided into basic and additional, allowances are possible depending on the amount of labor, place of work. In Germany, the payout level is slightly lower, but an indicator of $ 1,200 is enough for sixth place on the leaderboard. Here, the pension is charged to citizens in two directions. The first is the state support of people whose monthly income is not more than 3,900 euros. The second direction is created for those who want to independently put off for themselves a carefree old age. A person transfers the amount to funds that pay savings after retirement.
End of list
If US residents knew what the largest pension in the world is, they would probably be thinking of moving to Denmark. In their native country, the average level froze at a point of $ 1,200, which allows us to share sixth place with Germany. This indicator is only approximate, because the system of charging money in this state depends on the place of work, service life, working conditions and many other factors. Often people get about half the amount of their salary.
In Spain, the average pension is $ 10 less than in the US with Germany. However, here the system is based on the number of social insurance contributions. When the time comes for payment, indexation of price increases is taken into account and the amount of money is determined. France closes the top ten, where the pension is divided into basic and additional. The first type is accrued by the state as assistance, and the rate of the second category is determined by the number of points scored when leaving the place of work. It turns out a thousand dollars on average.