Employment, Social Affairs & Inclusion

Aggregate replacement ratio

Indicator name Aggregate replacement ratio
Code PN-P3
Type (EU indicator/ NAT - national indicator) EU
Periodicity Annual
Detailed definition Ratio of the median individual pensions of the 65-74 age group relative to median individual earnings of the 50-59 age group, excluding other social benefits.
Breakdowns Gender
Comments/ Policy relevance This indicator informs on the overall adequacy of income of pensioners, in relation to older workers Currently pension income encompasses only first pillar schemes.
Source Eurostat – EU-SILC
SPC portfolio section Pensions - adequate pensions

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