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Georgian Men Retire Later than in All post-Soviet Countries

Georgian Men Retire Later than in Rest of Post-Soviet Countries

Georgian men retire later than men in all the other countries of the former Soviet Union – namely, at 65 years, explained in the research of the countries of the former Soviet Union.

Among women, the record belongs to women living in Latvia – they retire at 61. According to curren time.tv, Turkmen men retire at 62, despite the fact that the average life expectancy does not exceed 61.Turkmenistan also has the lowest pension in the former Soviet space, amounting to 105 manat ($ 37), which is significantly less than the subsistence minimum of the country.

Belarusian  women receive a pension for  23 years, due to the fact that the average life expectancy of women in Belarus is the highest in the former Soviet Union and reaches  78 years. The Russian government is considering increasing the retirement age to 63 years – now women in Russia retire at the age of 55 years, men – 60.

The highest pension in  the former Soviet Union  is in  Estonia  (328 euros). In Ukraine, the average pension is 1 581 hryvnia – $ 69. Among the post-Soviet countries of Central Asia, the highest pension  is  in Kazakhstan, that totals  50.5 thousand tenge ($ 164 ) a month.