AXA Surveys Expectations of Retirement Income

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BRATISLAVA, December 9, (WEBNOVINY) — Most Slovak citizens expect to have retirement income that will not be enough cover their needs. According to a survey carried out by the company AXA the perception of sufficient income is weak in Slovakia and far below the European average. As many as 57 percent of working people and 72 percent of pensioners in Slovakia expect to have insufficient pension, according to the AXA survey. However, economically active people are more optimistic than pensioners, which regards especially higher-income groups. The company ascribes a higher percentage of people convinced about a sufficient income among working people compared with pensioners to the fact that they expect changes and are aware that they will have to approach the issue of pension more actively, said the operating director of AXA for the Czech Republic and Slovakia, Peter Socha.

Among working people with higher income, this persuasion is higher contrasting with female respondents and lower-income groups who use to be more pessimistic in the issue than other categories of working people. Moreover, people who are about to retire are far less satisfied with their income than seniors. “The general consciousness of the retirement income is very low in Europe except for Germany. “Slovaks are pessimistic regarding the financial security of the retirement age. „This is influenced also by turbulent changes we underwent recently,“ explained Socha.

AXA examined the perception of the retirement age by working persons and current pensioners. It was held in 26 countries worldwide including Slovakia and the Czech Republic. In Slovakia, the survey took place for the second time, on a representative sample of 500 working people aged 25-60 and 450 pensioners between 50 and 75.

SITA

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Viac k osobe Peter Socha