Number of new old-age retirees falls again
Earnings-related pension payments in 2019 amounted to 29 billion euros, up one billion from the year before. There were 44,500 new old-age pension retirees, marking a decrease of 9 per cent from 2018. The main reason for the drop in the number of new old-age retirees is the pension reform decision to progressively raise the retirement age.