In 2022, older people in 28 European countries had lower disposable incomes compared to the total population, with Luxembourg as the only exception. Public payouts constitute the majority of their income, averaging 66%, followed by work (21%), capital income (7%), and private occupational pensions (6%). The share of public transfers varies significantly across countries, with Belgium at 86% and the UK at 42%. Private occupational pensions are rare, existing in only 7 countries. The data highlights disparities in social security systems and the ongoing issue of old age poverty in Europe. Teljes cikk (Euronews.com)