Pension Age PWD April 26 2012

HelpAge International Pens
Version: 26 April 2012

www.pension-watch.net
Population Poverty
Country Share 60+ Name of scheme
60+ rate
Antigua and no data no data no data Old Age Assistance

1 Barbuda Programme
Argentina 5,990,442 14.7% 3% Pensiones Asistenciales

2
Armenia 448,458 14.5% 4% Old Age Social Pension

3 This is an archived version of the Pension Watch database.
Australia 4,199,477 For19.5% no data
the latest Age
version Pension
please click here.
4
Austria 1,936,530 23.1% no data Ausgleichszulage (Austrian

5 Compensatory Supplement)
Azerbaijan 775,535 8.7% 2% Social Allowance (Old Age)

6
Bahamas 35,641 10.3% no data Old Age Non-Contributory

7 Pension (OANCP)
Bangladesh 10,158,189 6.2% 50% Old Age Allowance

8
Barbados 39,501 15.4% no data Non-contributory Old Age

9 Pension
Belarus 1,752,814 18.3% 2% Social Pension

10
Belgium 2,499,504 23.4% no data IGO/GRAPA (Income

11 Guarantee for the Elderly)
Belize 18,307 5.9% 13% Non-Contributory Pension

12 Programme (NCP)
Bermuda no data no data no data Non-contibutory old age

13 pension
Bolivia 720,986 7.2% 12% Renta Dignidad or Renta

14 Universal de Vejez
(previously Bonosol)
Botswana 117,057 5.9% 31% State old age pension
15
Brazil 19,840,394 10.2% 5% Previdencia Rural (Rural

16 Pension)
Brazil / / 5% Beneficio de Prestacao

17 Continuada (BPC /
Continuous Cash Benefit)
Brunei 23,695 5.8% no data Old Age pension
18 Darussalam
Bulgaria 1,838,116 24.5% 2% Social Old Age Pension

19
Canada 6,766,515 20.0% no data Pension de la Sécurité

20 Vieillesse (S.V.) (Old Age
Security Pension)
Cape Verde 27,665 5.4% 21% Pensão Social Mínima
21 (Minimum Social Pension)
Chile 2,253,880 13.2% 2% Pension Basica Solidaria de

22 Vejez (PBS-Vejez)
Colombia 3,974,689 8.6% 16% Programa de Proteccion

23 Social al Adulto Mayor
(PPSAM) (Social Protection
Cook Islands no data no data no data Programme
Old for Older People)
Age Pension
24
Costa Rica 438,970 9.5% 2% Programa Régimen No

25 Contributivo
Cyprus 161,504 18.4% no data Social Pension

26
Denmark 1,282,842 23.4% no data Folkepension (national

27 pension)
Dominican 896,581 8.8% 4% Programa Nonagenarios

28 republic (Nonagarians Programme)
Ecuador 1,302,786 9.5% 5% Pension para Adultos

29 Mayores (Pension for Older
People)
El Salvador 629,977 10.2% 6% Pension Basica Universal
30 (Universal basic pension)
Estonia 303,351 22.6% 2% National Pension

31
Finland 1,319,095 24.7% no data Kansanelake (Old Age

32 Pension)
France 14,518,155 23.2% no data ASPA (allocation de solidarité
33 aux personnes âgées)
Georgia 807,289 19.1% 13% Old Age Pension

34
Greece 2,714,385 24.3% no data Pension to uninsured elderly

35
Guyana 71,931 9.4% 8% Old Age Pension

36
Hong Kong 1,297,521 18.4% no data Normal/higher old age

37 allowance
Hungary 2,237,556 22.4% 2% Időskorúak járadéka (Old

38 Age Allowance)
Iceland 54,360 16.5% no data lífeyristryggingar

39 almannatrygginga (National
Basic Pension)
India 91,651,857 7.5% 42% Indira Gandhi National Old
40 Age Pension Scheme
Indonesia 20,784,233 8.9% 29% Program Jaminan Sosial

41 Lanjut Usia (Elderly Social
Security Programme) (Pilot)
Ireland 739,614 16.1% no data State Pension (Non-
42 Contributary)
Israel 1,060,531 14.6% no data Special old age benefit

43
Italy 16,015,985 26.6% no data Social Allowance

44
Jamaica 292,285 10.7% 2% The Programme for

45 Advancement through Health
and Education (PATH)
Kazakhstan 1,607,772 10.2% 2% State Basic Pension
46
Kenya 1,692,589 4.1% 20% Older Persons Cash Transfer

47
Kenya / / #VALUE! Hunger Safety Net

48 Programme, Pilot (universal
pension)
Kiribati no data no data no data Elderly pension
49
Korea, Republic of 7,563,710 15.6% no data Basic old-age pension

50
Kosovo no data no data no data Old age "basic pension"
51
Kyrgyzstan 404,436 7.3% 3% Social assistance allowance

52 (old age)
Latvia 504,569 22.5% 2% State social security benefit

53
Lesotho 145,844 7.0% 43% Old Age Pension

54
Lithuania 700,436 21.5% 2% Old age social assistance

55 pension
Maldives 18,744 6.0% no data Old-age Basic Pension

56
Malta 89,824 21.9% no data Age Pension

57
Mauritius 150,602 11.6% no data Basic Retirement Pension

58
Mexico 10,363,943 9.4% 4% Pensión Alimentaria

59 Ciudadana
Mexico / / 4% 70 y mas
60
Mexico no data no data no data Amanecer

61
Moldova, Republic 570,172 15.9% 2% State Social Allocation for

62 of Aged Persons
Mongolia 161,570 6.0% 2% Social welfare pension

63
Namibia 124,865 5.6% 49% Old Age Pension (OAP)

64
Nepal 1,846,387 6.2% 55% Old Age Allowance

65
Netherlands 3,650,535 21.9% no data Old-age pension

66
New Zealand 781,994 18.2% no data Superannuation

67
Nigeria 7,792,771 4.9% 2% Ekiti State Social Security

68 Scheme (Ekiti State only)
Norway 1,023,329 21.1% no data Grunnpensjon (Basic
69 Pension)
Panama 341,202 9.7% 9% 100 a los 70

70
Paraguay 494,814 7.7% 6% Pension alimentaria

71
Peru 2,567,828 8.7% 8% Pension 65

72
Philippines 6,241,568 6.7% 23% old age grant

73
Portugal 2,535,470 23.6% no data Pensao Social de Velhice

74 (Old Age Social Pension)
Saint Vincent and 10,414 9.5% no data Elderly Assistance Benefit

75 the Grenadines
Samoa 12,262 6.9% no data Senior Citizens Benefit

76
Seychelles no data no data 2% Old-age pension (social

77 security fund)
Slovenia 452,755 22.4% 2% State pension

78
South Africa 3,694,968 7.3% 26% Older Persons Grant

79
Spain 10,151,881 22.4% no data Non Contributory Pension for

80 retirement ( Pension no
Contributiva de Jubilacion)
Suriname 48,782 9.3% 16% State Old Age Pension
81 (Algemene Oudedags
Voorzieningsfonds (AOV))
Swaziland 63,638 5.3% 63% Old Age Grant
82
Sweden 2,321,450 25.0% no data Garantipension (Guaranteed

83 pension)
Switzerland 1,768,630 23.3% no data Extraordinary pension

84
Tajikistan 354,796 5.0% 21% Old age pension

85
Thailand 7,867,505 11.5% 2% Old Age Allowance

86
Timor-Leste 56,684 4.8% 37% Support allowance for the
87 elderly
Trinidad and 142,149 10.6% 4% Senior Citizens' Pension

88 Tobago
Turkey 6,812,172 9.0% 3% Means-tested Old Age

89 Pension
Turkmenistan 317,140 6.1% 25% Social Allowance

90
Uganda 1,300,354 3.8% 52% Senior Citizens Grant (Pilot

91 in 14 districts)
Ukraine 9,494,434 20.9% 2% Social pension + social

92 pension supplement
United Kingdom 14,039,715 22.7% no data Pension credit (Guarantee

93 Credit)
United States of 57,782,011 18.2% no data Old age supplemental

94 America income benefit
Uruguay 619,975 18.4% 2% Programa de Pensiones No-

95 Contributivas
Uzbekestan 1,758,614 6.3% 46% Social pension

96
Venezuela, 2,507,091 8.6% 4% Gran Mision Amor Mayor

97 Bolivarian
Republic of
Viet Nam 7,777,295 8.7% 21% Social assistance benefit
98 (clause 3)
Viet Nam / / no data Social assistance benefit
99 (clause 2)
Zambia 632,235 4.8% 64% Social Cash Transfer
100 Programme, Katete (Pilot)
International Pension Watch Database
watch.net
Benefit level
% of
Local % of GDP
Year introduced Level US$ PPP $ poverty
currency per capita
line
1993 255 East 94 8% 131 344%
Caribbean
Dollar
1994 539 Pesos 122 14% 210 552%
no data 10,067 Drams 26 13% 52 137%

nsion Watch database.
1900 1,506 Australian 1558 28% 958 2521%
Dollars
1978 815 Euros 1077 27% 942 2478%
no data 60 New Manat 76 17% 122 322%
no data 245 Bahamas $ 245 12% 316 830%
1998 300 Taka 4 7% 10 26%
1937 598 Barbados $ 299 22% 421 1108%
no data 133,115 Belarusian 17 9% 107 280%

Ruble
2001 (current form) 916 Euros 1212 33% 1026 2699%
2003 100 Belize Dollars 51 14% 95 250%
no data 451 B$ 451 no data no data no data
1996 (Bonosol), 2008 200 Bolivianos 29 15% 60 158%

(Renta Dignidad)
1996 220 Pulas 29 4% 55 143%
1991 (extended) 622 Reais 331 33% 331 870%
no data 622 Reais 331 33% 331 870%
1984 250 Brunei Dollar 201 7% 268 706%
no data 101 Leva 68 13% 139 366%
1952 540 Canadian 547 13% 432 1137%

Dollars
2006 (consolidated 5,000 Escudos 60 22% 69 182%

scheme)
2008 78,449 Peso 158 14% 196 514%
2003 60,000 Peso 34 5% 45 119%
1966 400 NZ Dollar 325 no data no data no data
1974 70,125 Colon 141 20% 190 501%
1995 325 Euros 430 18% 430 1131%
no data 5,713 Danish Kroner 1015 23% 669 1760%
no data 3,071 Pesos 79 17% 133 350%
2003 (in current form) 35 US Dollars 35 12% 74 195%
2009 50 US dollars 50 17% 102 267%
no data 128 Euros 170 13% 220 578%
no data 609 Euros 805 20% 619 1628%

2004 742 Euros 981 27% 812 2136%
2006 80 lari 49 21% 87 228%
1996 330 Euros 436 19% 451 1187%
1944 (first scheme 7,500 Guyanese 37 14% 86 225%

introduced), 1993 Dollar
(scheme became
universal)
no data 1,090 HK$ 140 5% 197 518%
no data 22,800 Forints 104 10% 168 441%
no data 25,700 Iceland 204 6% 196 515%

Kronur
1995 (2007 in current 200 Rupees 4 3% 10 27%

form)
2006 300,000 Rupiah 33 10% 42 110%
no data 949 Euros 1255 33% 1101 2896%
no data 1,481 New Shekel 395 15% 402 1056%
no data 412 Euros 544 20% 470 1237%
2001 930 J$ 11 3% 23 59%
no data 8,000 Tenge 54 6% 66 173%
Pilot began in 1,500 Kenya 18 25% 36 94%

2006/2007 budget Shillings
year
Pilot began in 2008 1,075 Kenya 13 18% 26 67%
Shillings
2003 60 Australian 62 47% 222 584%

Dollars
2007 91,200 Won 80 4% 115 301%

2002 45 Euro 59 38% 128 337%
no data 1,000 Som 21 30% 55 145%
no data 45 Lats 85 9% 111 292%
2004 300 Maloti 39 34% 59 156%
no data 85 Litas 32 3% 49 129%
2009 2,000 Rufiyaa 131 29% 195 513%
1956 431 Euros 570 34% 726 1909%
1950 (scheme first 3,146 Rupee 109 15% 187 491%

implemented), 1958
(scheme became
universal) 2003 897 Pesos 68 9% 104 273%
no data 500 Pesos 38 5% 58 152%
no data 550 Pesos 39 5% 64 168%
1999 90 Lei 8 5% 14 36%
no data 34,500 Tugriks 26 22% 65 170%
1992 (other social 500 N$ 64 16% 91 240%

pension previously)
1995 - first payment 500 Rupees 6 14% 15 40%

(Extended in 2008)
1957 1,034 Euros 1368 34% 1206 3171%
1898 (first scheme 1,512 New Zealand 1230 37% 877 2305%
introduced) Dollars
2011 5,000 Naira 32 23% 51 135%

no data 6,073 Norway 1061 14% 616 1621%
kroner
no data 100 Balboas 100 14% 166 435%
2009 376,000 Guarani 87 31% 139 364%
2011 125 Soles 47 9% 78 204%
2011 500 Ph Pesos 12 6% 20 53%
no data 195 Euros 258 14% 280 735%
2009 163 East 60 12% 112 293%

Caribbean
Dollar
1990 130 Tala 57 20% 94 247%
no data 2,400 Rupees 173 22% 433 1138%
1999 181 Euros 240 12% 291 764%
1927/8 first scheme 1,200 Rand 155 25% 225 592%

introduced for whites,
1944 scheme extended
to whole population,
1994 358 Euros 473 19% 473 1244%
1973 500 Surinamese 154 35% 251 661%

Dollar
2005 200 Emalangeni 26 10% 43 114%
no data 7,708 Kronor 1145 27% 840 2209%
no data 1,140 Swiss Franc 1254 19% no data no data
no data 40 somoni 8 13% 22 57%
1993 600 Baht 19 4% 34 89%

2008 20 US$ 20 9% 58 152%
1939 (first scheme 3,000 T&T$ 472 36% 594 1562%

introduced), 2010
(entitlement to a
pension legislated)1976 95 Turkish Lira 87 9% 87 230%
no data 59 Manat 21 7% 39 101%
2011 23,000 Uganda 9 26% 27 72%

Shillings
no data 695 Hryvnias 87 35% 195 512%
1909 (first scheme 595 Pounds 958 30% 892 2347%

introduced)
1935 (first national 674 US$ 674 17% 674 1773%

scheme introduced)
1995 (1919 first 4,767 Pesos 241 28% 297 780%

scheme introduced)
no data 59,690 Som 32 no data 83 219%
no data 1,548 Bolivars 360 41% 427 1124%
2004 (2007 in current 180,000 Dong 9 8% 21 56%

form)
no data 120,000 Dong 6 5% 14 37%
2007 60,000 Kwacha 12 10% 14 37%

Number of % population 60+ Total cost
Age Targeting Income
recipients covered (% of GDP)
77 Means-tested no data no data no data High income:

nonOECD
70 Means-tested 75,229 no data 0.23% Upper middle

income
65 Pensions- no data no data no data Lower middle

tested income
65 (men) 64 Means-tested 2,117,530 no data 2.24% High income:

(women) OECD
65 (men) and Means-tested no data no data no data High income:

60 (women) OECD
67(men) 62 Pensions- no data no data no data Lower middle

(women) tested income
65 Pensions- 2,275 no data 0.08% High income:

tested nonOECD
65 (men) and Means-tested 2,475,000 no data 0.09% Low income

62 (women)
65 and 6 Pensions- 8,791 no data 0.67% High income:

months tested nonOECD
60 (men) 55 Pensions- no data no data no data Upper middle


OECD
67 (men) 65 Means-tested 4,297 no data 0.18% Lower middle

(women) income
65 Pensions- no data no data no data High income:

tested nonOECD
60 Universal 896,470 no data 1.06% Lower middle

income
65 Universal 91,446 no data 0.33% Upper middle
income
60 (men) 55 Tested on 5,851,554 no data 1.50% Upper middle

(women) eligibility to income
pension and
individual
65 Means tested 1,700,000 no data 0.30% Upper middle
income
60 Universal 21,888 no data 0.40% High Income:

nonOECD
70 Means-tested no data no data no data Upper middle

income
65 Universal (with 4,764,820 no data 1.58% High income:

recovery from OECD
high-income
earners)
60 Means-tested 23,000 no data 0.40% Lower middle
income

income
57 (men) and Means-tested 214,480 no data 0.02% Upper middle

52 (women) income
60 Universal no data no data no data no data

income
65 Pensions- 14,934 no data 0.33% High income:

tested nonOECD

OECD

income

income

(currently only income
the poorest 32
63 municipalities)
Pensions- no data no data no data High income:
tested nonOECD
65 Pensions- no data no data no data High income:

tested OECD
65 Means-tested 586,000 no data 0.25% High income:
OECD
65 (men) and Means-tested 654,931 no data 3.70% Lower middle

60 (women) income

OECD

income
65 (normal Means-tested no data no data no data High income:

OAA), 70 nonOECD
(Higher OAA)
OECD

OECD
60 Means-tested 13700000 no data 0.04% Lower middle

(estimate) income
70 (60 if Means-tested 10000 no data 0.00% Lower middle

chronically ill) (approximate) income

OECD
65-67 (men) Means-tested no data no data no data High income:

and 60-64 nonOECD
(women)
OECD

income
63 (men) 58 Pensions- no data no data no data Upper middle

65 Means-tested 33,000 no data 0.02% Low income
55 Universal no data no data no data Low income

income
65 Means-tested 3,609,794 no data 0.32% High income:

OECD
income
63 (men) 58 Pensions- no data no data no data Low income

(women) tested
67 Pensions- no data no data no data Upper middle

tested income
70 (men) and Pensions- 80,000 no data 1.77% Lower middle

65 (women) tested income
62.5 (men) 60 Pensions- no data no data no data Upper middle

65 Pensions- no data no data no data Lower middle

tested income

nonOECD

income
68 Universal 2,000,000 no data 0.04% Upper middle

(Mexico city) income
70 Universal (for 1,886,447 no data 0.11% Upper middle

residents of income
towns with
less than
64 Universal 238,000 no data no data no data
(Chiapas
State)
62(men) Pensions- 3,232 no data 0.21% Lower middle
57(women) tested income
60 (men) 55 Means-tested 2,596 no data no data Lower middle

(women) income

income
70 (60 in Pensions- 792,515 no data 0.35% Low income

some areas) tested
65 Universal no data no data no data High income:

OECD
65 Universal no data no data no data High income:

OECD
65 (residents Pensions- 20,000 no data no data Lower middle

of Ekiti State tested income
only)
62 (Flexible) Means-tested no data no data no data High income:
OECD
70 Pensions- no data no data no data Upper middle

tested income

income
65 Means-tested 40,676 no data no data Upper middle

income
77 (in process Means-tested 145,166 no data 0.01% Lower middle

of extension) income

OECD
67 (in 2009 - Pensions- no data no data no data Upper middle

the time of tested income
implementatio
n) 65 Universal 8,700 no data 1.30% Lower middle
income
63 Universal no data no data no data Upper middle

income

nonOECD
60 Means-tested 2,647,000 no data 1.14% Upper middle

income

OECD

income
60 Pensions- 55,000 no data 0.60% Lower middle

tested income
65 Pensions- 818 915 no data 0.52% High income:

tested OECD
65 (men) 60 Pensions- no data no data no data High income:

(women) tested OECD

(women) tested
60 Pensions- 5,636,497 no data 0.13% Lower middle

tested income
income

nonOECD

income
62 (men) 57 Pensions- no data no data no data Lower middle

65 (60 in Universal no data no data no data Low income

Karamoja
Region)
63 (men) 58 Means-tested no data no data no data Lower middle
(women) income
65 Means-tested 2,474,410 no data 0.47% High income:

OECD

OECD

(approximately income
)
(women) tested
60 (men) and Means-tested 675,000 no data no data Upper middle
55 (women) (expected total income
for 2012)
80 Pensions- 431,871 no data 0.01% Lower middle
tested income
income
60 Universal 4,500 no data no data Low income

Pension Age PWD April 26 2012

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Pension Age PWD April 26 2012

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Available Formats

HelpAge International Pens

Version: 26 April 2012

Antigua and no data no data no data Old Age Assistance

Argentina 5,990,442 14.7% 3% Pensiones Asistenciales

Armenia 448,458 14.5% 4% Old Age Social Pension

Austria 1,936,530 23.1% no data Ausgleichszulage (Austrian

Azerbaijan 775,535 8.7% 2% Social Allowance (Old Age)

Bahamas 35,641 10.3% no data Old Age Non-Contributory

Bangladesh 10,158,189 6.2% 50% Old Age Allowance

Barbados 39,501 15.4% no data Non-contributory Old Age

Belarus 1,752,814 18.3% 2% Social Pension

Belgium 2,499,504 23.4% no data IGO/GRAPA (Income

Belize 18,307 5.9% 13% Non-Contributory Pension

Bermuda no data no data no data Non-contibutory old age

Bolivia 720,986 7.2% 12% Renta Dignidad or Renta

Brazil 19,840,394 10.2% 5% Previdencia Rural (Rural

Brazil / / 5% Beneficio de Prestacao

Bulgaria 1,838,116 24.5% 2% Social Old Age Pension

Canada 6,766,515 20.0% no data Pension de la Sécurité

Chile 2,253,880 13.2% 2% Pension Basica Solidaria de

Colombia 3,974,689 8.6% 16% Programa de Proteccion

Costa Rica 438,970 9.5% 2% Programa Régimen No

Cyprus 161,504 18.4% no data Social Pension

Denmark 1,282,842 23.4% no data Folkepension (national

Dominican 896,581 8.8% 4% Programa Nonagenarios

Ecuador 1,302,786 9.5% 5% Pension para Adultos

Estonia 303,351 22.6% 2% National Pension

Finland 1,319,095 24.7% no data Kansanelake (Old Age

Georgia 807,289 19.1% 13% Old Age Pension

Greece 2,714,385 24.3% no data Pension to uninsured elderly

Guyana 71,931 9.4% 8% Old Age Pension

Hong Kong 1,297,521 18.4% no data Normal/higher old age

Hungary 2,237,556 22.4% 2% Időskorúak járadéka (Old

Iceland 54,360 16.5% no data lífeyristryggingar

Indonesia 20,784,233 8.9% 29% Program Jaminan Sosial

Israel 1,060,531 14.6% no data Special old age benefit

Italy 16,015,985 26.6% no data Social Allowance

Jamaica 292,285 10.7% 2% The Programme for

Kenya 1,692,589 4.1% 20% Older Persons Cash Transfer

Kenya / / #VALUE! Hunger Safety Net

Korea, Republic of 7,563,710 15.6% no data Basic old-age pension

Kyrgyzstan 404,436 7.3% 3% Social assistance allowance

Latvia 504,569 22.5% 2% State social security benefit

Lesotho 145,844 7.0% 43% Old Age Pension

Lithuania 700,436 21.5% 2% Old age social assistance

Maldives 18,744 6.0% no data Old-age Basic Pension

Malta 89,824 21.9% no data Age Pension

Mauritius 150,602 11.6% no data Basic Retirement Pension

Mexico 10,363,943 9.4% 4% Pensión Alimentaria

Mexico no data no data no data Amanecer

Moldova, Republic 570,172 15.9% 2% State Social Allocation for

Mongolia 161,570 6.0% 2% Social welfare pension

Namibia 124,865 5.6% 49% Old Age Pension (OAP)

Nepal 1,846,387 6.2% 55% Old Age Allowance

Netherlands 3,650,535 21.9% no data Old-age pension

New Zealand 781,994 18.2% no data Superannuation

Nigeria 7,792,771 4.9% 2% Ekiti State Social Security

Panama 341,202 9.7% 9% 100 a los 70

Paraguay 494,814 7.7% 6% Pension alimentaria

Peru 2,567,828 8.7% 8% Pension 65

Philippines 6,241,568 6.7% 23% old age grant

Portugal 2,535,470 23.6% no data Pensao Social de Velhice

Saint Vincent and 10,414 9.5% no data Elderly Assistance Benefit