Graph and download economic data for Expenditures: Pensions and Social Security by Quintiles of Income Before Taxes: Lowest 20 Percent (1st to 20th Percentile) (CXUPENSIONSLB0102M) from 1984 to 2023 about social, pension, social assistance, percentile, tax, expenditures, income, and USA.

Abstract copyright UK Data Service and data collection copyright owner.

Pensioners' Incomes (PI) contains estimates of the levels, sources and distribution of pensioners' incomes. It also examines the position of single pensioners and pensioner couples, including any dependent children, within the income distribution of the population as a whole. This differs from Households Below Average Income (HBAI) (see SNs 5828 and 7196), where analysis is on a household basis, and includes the income of adults not in the pensioner unit but living in the same household. The PI undertakes a few extra steps beyond the FRS and HBAI data to derive pension income variables.

The PI series is a key source of information used to inform Government thinking on relevant policies and related programmes and projects. Researchers and analysts outside the government use statistics and data to examine topics such as ageing, the distributional impacts of fiscal policies, and pensioner groups' income profiles. The PI estimates are usually based on a sample of around 7,000 adults over State Pension age, who reside in private households in the United Kingdom, taken from the Family Resources Survey (FRS).

The gov.uk Pensioners' Incomes Statistics webpage contains annual reports, accompanying tables, research, and technical papers.

PI data are also available from 1994/95 onwards via the Department for Work and Pensions (DWP) Stat-Xplore online tool.

Secure Access PI data

The Secure Access version of the PI series (SN 9257) is available from 2007/08 onwards, whereas the standard End User Licence (EUL) data (SN 8503) are available from 2008/09. Unlike the EUL versions, the ages of the head of household and spouse have not been top-coded at 80 years in the Secure Access version. Prospective users of the Secure Access version must fulfil additional requirements beyond those associated with the EUL datasets. The Secure Access version of FRS is held under SN 9256, and the Secure Access version of HBAI is available under SN 7196.

Latest edition information

For the sixth edition (May 2024), data and documentation for 2022/23 have been added to the study.

Pensioners' Incomes (PI) contains estimates of the levels, sources and distribution of pensioners' incomes. It also examines the position of single pensioners and pensioner couples, including any dependent children, within the income distribution of the population as a whole. This differs from Households Below Average Income (HBAI) (see SNs 5828 and 7196), where analysis is on a household basis, and includes the income of adults not in the pensioner unit but living in the same household. The PI undertakes a few extra steps beyond the FRS and HBAI data to derive pension income variables.

The PI series is a key source of information used to inform Government thinking on relevant policies and related programmes and projects. Researchers and analysts outside the government use statistics and data to examine topics such as ageing, the distributional impacts of fiscal policies, and pensioner groups' income profiles. The PI estimates are usually based on a sample of around 7,000 adults over State Pension age, who reside in private households in the United Kingdom, taken from the Family Resources Survey (FRS).

The gov.uk Pensioners' Incomes Statistics webpage contains annual reports, accompanying tables, research, and technical papers.

PI data are also available from 1994/95 onwards via the Department for Work and Pensions (DWP) Stat-Xplore online tool.

Secure Access PI data

The Secure Access version of the PI series (SN 9257) is available from 2007/08 onwards, whereas the standard End User Licence (EUL) data (SN 8503) are available from 2008/09. Unlike the EUL versions, the ages of the head of household and spouse have not been top-coded at 80 years in the Secure Access version. Prospective users of the Secure Access version must fulfil additional requirements beyond those associated with the EUL datasets. The Secure Access version of FRS is held under SN 9256, and the Secure Access version of HBAI is available under SN 7196.

More than two thirds of employees in the United States expected their main source of retirement income to come from retirement plans, such as 401(k), 403(b), or individual retirement accounts (IRAs), as of end 2022. A large share (also around two thirds) expected their main source of income to come from social security. Meanwhile, 36 percent of respondents expected to finance themselves in retirement age by continuing to work.

The statistic shows the average retirement account balances of Americans between 50 and 64 as of November 2010, by pension plan. On average, Americans from the bottom 25th percentile (0 - 10,800 U.S. dollars) had 281 U.S. dollars in a KEOGH pension plan, a tax deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes. The same income group had, on average, 9,160 U.S. dollars in IRA (individual retirement account) pension plans. Additional info: Retirement saving It is never too early to start thinking about retirement. Plans and provisions for our twilight years often get put off as we deal with life’s more pressing demands, and with solid economic recovery still far from guaranteed, savings plans have been impacted. Despite this, those who wish to enjoy the golden years of their life should save early and save often. There are a number of saving strategies and a number of possibilities available for retirement saving, and this can seem quite daunting and difficult to figure out at first. The U.S. Department of Labor recommends determining net worth to be a good place to start i.e., the total value of assets minus the value of debts. Having ascertained this, and judging by your age, you can start planning how to get the most out of your retirement savings. You should contemplate where you want to be and how you’re going to get there. If you have age on your side, you can afford to be aggressive and put money into riskier funds. If your fund loses in value, you have time to let it grow. However, if you are getting close to retirement, more intensive and low-risk saving methods are recommended.

In 2021, the average net pension amount received by French women represented barely more than half (53.2 percent) of the average net activity income of persons in employment during the year. The amount of the pension received by men was almost three quarters (73.2 percent) of the average activity income.
In 2020, the average gross monthly pension amounted to 1,995 euros for men, and 1,401 euros for women.

In 2022, the average annual gross pension in Italy amounted to 20,000 euros. Compared to 2015, the average pension income increased by around 3,700 euros. An expensive social security system A social security system is meant to help individuals and families dealing with unexpected accidents and losses, invest in health and education and protect the elderly. The Italian social security system is public and based on compulsory contributions made by taxpayers and managed by the state. Depending on several factors, ranging from the average age of retirement to the generosity of the benefits paid, social security can be very costly for the public administration. In 2022, in Italy there were over 16 million pensioners, defined as individuals who receive at least one type of pension benefit. The public expenditure for pensions reached almost 322 billion euros, which amounted to approximately 16 percent of the country’s GDP. The increasing popularity of pension funds Alongside the public social security system, pension funds based on voluntary contributions by private members can provide a safety net for those who want to receive a supplementary benefit. Despite being far from reaching the values registered in other countries such as the United Kingdom, the Netherlands and Germany in terms of assets, the popularity of pension funds is growing in Italy. In fact, the value of voluntary pension funds’ contributions in Italy increased from 6.8 billion euros in 2007 to 11.3 billion euros in 2019.

This statistic displays the average total income per retired household in the United Kingdom (UK) in 2017/18, by decile. The average total income, per retired household of those in the top decile amounted to 53,7632 thousand British pounds. This was over 18 times more than the average total income per retired household of those in the bottom decile, which came to 2,883 British pounds.

In 2023, the most expected primary source of retirement income amongst U.S. workers was either a 401(k), 403(b), or IRAs. The primary source of retirement income that was least expected amongst respondents was inheritance, and home equity.

Hungary Household Income: Private Pension Funds data was reported at 109.800 HUF bn in 2017. This records an increase from the previous number of 95.000 HUF bn for 2016. Hungary Household Income: Private Pension Funds data is updated yearly, averaging 148.200 HUF bn from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 570.400 HUF bn in 2008 and a record low of 7.600 HUF bn in 1995. Hungary Household Income: Private Pension Funds data remains active status in CEIC and is reported by Hungarian Central Statistical Office. The data is categorized under Global Database’s Hungary – Table HU.H011: Household Income.

Graph and download economic data for Expenditures: Personal Insurance and Pensions by Deciles of Income Before Taxes: Fifth 10 Percent (41st to 50th Percentile) (CXUINSPENSNLB1506M) from 2014 to 2023 about pension, percentile, insurance, tax, expenditures, personal, income, and USA.

Switzerland Household Income: Avg: Gross: Pensions & Social Security Benefits (PS) data was reported at 1,818.266 CHF in 2015. This records a decrease from the previous number of 1,905.037 CHF for 2014. Switzerland Household Income: Avg: Gross: Pensions & Social Security Benefits (PS) data is updated yearly, averaging 1,806.087 CHF from Dec 2006 (Median) to 2015, with 10 observations. The data reached an all-time high of 1,908.958 CHF in 2013 and a record low of 1,648.879 CHF in 2008. Switzerland Household Income: Avg: Gross: Pensions & Social Security Benefits (PS) data remains active status in CEIC and is reported by Swiss Federal Statistical Office. The data is categorized under Global Database’s Switzerland – Table CH.H010: Household Budget Survey.

Austria Household Income: Disposable: Avg: Per Capita: Without Pension: Single Women data was reported at 29,251.000 EUR in 2023. This records an increase from the previous number of 26,169.000 EUR for 2022. Austria Household Income: Disposable: Avg: Per Capita: Without Pension: Single Women data is updated yearly, averaging 21,087.000 EUR from Dec 2005 (Median) to 2023, with 19 observations. The data reached an all-time high of 29,251.000 EUR in 2023 and a record low of 18,631.000 EUR in 2007. Austria Household Income: Disposable: Avg: Per Capita: Without Pension: Single Women data remains active status in CEIC and is reported by Statistics Austria. The data is categorized under Global Database’s Austria – Table AT.H018: Household Income and Expenditure.

As of 2019, 23.1 percent of pensioners in Italy received between 500 euros and 999 euros monthly, representing the most common income among pensioners. About 20.7 percent of people were paid from one thousand to 1,499 euros every month, while 12 percent were only given up to 499 euros. Overall, the data include all pensions: old-age, work injury, retirement, disability, sickness, and similar pensions.

United States - Private Defined Benefit Pension Plan: Effect of participation in defined benefit plans on personal income, saving, and wealth: Effect on personal income was 160.73300 Bil. of $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Private Defined Benefit Pension Plan: Effect of participation in defined benefit plans on personal income, saving, and wealth: Effect on personal income reached a record high of 205.02700 in January of 2008 and a record low of 77.66000 in January of 1985. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Private Defined Benefit Pension Plan: Effect of participation in defined benefit plans on personal income, saving, and wealth: Effect on personal income - last updated from the United States Federal Reserve on March of 2025.

Chile SS: Average Retirement Income: Tarapacá data was reported at 244,870.943 CLP in 2017. This records an increase from the previous number of 240,989.533 CLP for 2015. Chile SS: Average Retirement Income: Tarapacá data is updated yearly, averaging 194,983.309 CLP from Dec 2009 (Median) to 2017, with 5 observations. The data reached an all-time high of 244,870.943 CLP in 2017 and a record low of 156,057.065 CLP in 2011. Chile SS: Average Retirement Income: Tarapacá data remains active status in CEIC and is reported by Ministry of Social Development. The data is categorized under Global Database’s Chile – Table CL.H022: National Socio-Economic Characterization Survey: Social Security.