In the EU as a whole, the data show that women receive a pension that is on average 30% lower than their male counterparts. In Luxembourg, this figure stands at 43% - which puts us in the unenviable position of having the largest gender pension gap in the Union.
We are followed by Malta (42%), the Netherlands (40%), Austria (39%), Cyprus (38%), and our neighbour Germany (37%).
On the other end of the spectrum you will find Estonia (1%), Denmark (7%), Slovakia (8%), Czechia (13%), and Hungary (16%).
Despite the gender pay gap, Luxembourg's pensioners are, generally, at low risk of poverty by EU standards. The Union average stands at 15%, and Luxembourg is the country where people are fifth least likely to be at risk. With 9.6% of pensioners at risk of poverty, the risk actually decreased by .4% percentage points since 2017 - though it is considerably higher than in 2010 (5.5%) or 2011 (3.5%). That's how far back Eurostat's data go.
Old-age poverty: Luxembourg MEP highlights importance of avoiding issue in Grand DuchyUnsurprisingly, the risk is also higher for women than for men in Luxembourg. Women's risk of poverty in retirement stands at 12.8% in 2018, compared to 7.6% for men.
