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Armenia 80th In The Index Of Retirement Security Of Its Citizens

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  • Armenia 80th In The Index Of Retirement Security Of Its Citizens

    ARMENIA 80TH IN THE INDEX OF RETIREMENT SECURITY OF ITS CITIZENS

    10:36 12.03.2013

    Armenia ranks 80th worldwide in the retirement security of its
    citizens, according to a new annual index compiled by Natixis Global
    Asset Management (NGAM).

    Russia ranks 70th, Georgia is 89th, Turkey is 59th, Azerbaijan is
    93rd, Iran is 86th. Norway tops the ranking followed by Switzerland
    and Luxembourg. The top ten includes also Sweden, Austria, Finland,
    Netherlands, Denmar, Germany and France.

    The Natixis Global Retirement Index gauges how well retired citizens
    live in 150 nations, based on measures of health, material well-being,
    finances and other factors.

    CoreData Research, a London-based financial research firm, captured
    data from a variety of sources, calculated a mean score in each
    category and combined the category scores for a final overall ranking
    of 150 nations. The categories, and the subjects they comprise, are:

    - Health: Per-capita health spending, life expectancy, the availability
    of physicians and hospital beds per 1,000 citizens, and the level
    of noninsured health spending. (Sources: World Bank's Development
    Indicators, 2012; World Health Organization)

    - Material well-being: Per-capita income, income inequality and
    unemployment. (Source: World Bank)

    - Finances: Old-age dependency (the ratio of retirees to workers),
    inflation, interest rates, taxation level and bank nonperforming
    loans. (Sources: World Bank, United Nations)

    - Quality of life: The level of happiness and satisfaction of citizens,
    as well as the quality of the climate and environment. (Sources:
    Gallup World Poll 2012; Environmental Performance Index 2012).

    http://www.armradio.am/en/2013/03/12/armenia-80th-in-the-index-of-retirement-security-of-its-citizens/




    From: A. Papazian
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