Basic country data
- Population over 60 in 2010:
- 807,289 (19%)
- Projected population over 60 in 2050:
- 1,295,358 (37%)
- Poverty rate of total population:
- Income of country:
- Lower middle income
- Social pension?
- Scheme information: Old Age Pension
- Year introduced:
- Monthly pension benefit:
- 80 lari (49 US$)
- 20.53 % of average income
- 228 % of international poverty line
- Age of eligiblity:
- 65 (men) and 60 (women)
- % of population over 60 covered:
- Total cost:
- 3.70% of GDP
Resources on the pension in Georgia
Year: 2011 | Published by: ADB
This paper considers ways in which pensions and their reforms could impact the future economic development of Georgia. It describes the existing pension structure...
Year: 2010 | Published by: United Nations Human Rights Council
To collect information to prepare the 2010 annual report of the independent expert on the question of human rights and extreme poverty, a questionnaire...
Pensions and Social Protection in Central Asia and South Caucasus: developments in the post-Soviet era
Year: 2010 | Published by: University of Southampton
At independence all the countries of the Former Soviet Union (FSU) inherited a extensive system of social welfare, including a comprehensive pay-as-you-go pension system...
Year: 2009 | Published by: Social Security Administration (SSA), International Social Security Association
The second issue in the current four-volume series of Social Security Programs Throughout the World reports on the countries of Asia and the Pacific....