10 Countries That Spends Lavishly On Pension


4. Spain

Despite of the tough economic times in Spain, this country pays out a sizable pension to its employees. So living in Spain will help you to retire in good comfort as your employer will pay for pension 81.2 per cent of your salary you earned before attaining the age of 65 years. Your Wife shall live for 86 years while you will live for 83 years.

5. Turkey

Ankara is the capital city of Turkey. The retirement age in Turkey is quite low for men and women, as a male retires at 44 and a female at 41. Despite of this early retirement age, In Turkey your employer will pay you 64.5 percent of your salary for your retirement, which you will receive for more than 30 years and your wife shall receive this fortune pension for more than 38 years.

6. Italy

Rome is the capital city of Italy. The Colosseum in Rome is considered one of the greatest works of Roman architecture and engineering. Working till the age of 59 and then taking a retirement to live for more 23 years will keep your mind free of financial worries as your employer will pay you pension at the rate of 64.5 percent of your income.