Social Security benefits in the US cover 163% of basic living costs, ranking the nation thirteenth globally

economictimes.indiatimes.com

U.S. Social Security benefits cover 163% of basic living costs, ranking the nation thirteenth globally. This places America behind countries like Kuwait and Bahrain, which offer significantly stronger pension coverage for retirees. The research analyzed pension rates against local living costs in 85 nations. The findings highlight a global disparity in retirement security, with some nations providing much greater financial coverage for their elderly citizens than others.


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Social Security benefits in the US cover 163% of basic living costs, ranking the nation thirteenth globally | News Minimalist