Georgia’s state pension system faces significant challenges, according to a recent study conducted by Moorepay. The research, published by Euronews, reveals that Georgia’s pension coverage of essential expenses is exceptionally low, at just 22%. This places the nation at the very bottom of the list among 39 European countries, with 20 others also failing to adequately cover basic living costs.
The study, based on data available as of late October 2025, examined whether state pensions sufficiently cover daily expenditures, considering costs for food, transport, utilities, and other necessities – excluding rent. Moorepay analyzed average pension levels, utilizing data from Numbeo, a database reflecting average prices across countries. The findings highlight a stark disparity.
In Western and Northern Europe, robust social protection systems provide pensions that not only meet basic needs but significantly exceed them. Countries like Luxembourg, Italy, Finland, and Denmark offer particularly strong support, with pension levels ranging from 131% to 225% of basic expenses. Conversely, Eastern and South-Eastern Europe demonstrate considerably lower coverage rates.
Georgia’s unified and fixed pension system, not linked to individual work history or inflation, struggles to keep pace with rising costs, particularly in essential areas such as food, medicines, and utilities. This situation is compounded by limited job opportunities and reliance on family support, especially in rural regions. The ombudsman reports a 6% increase in child poverty, with 369,924 vulnerable children receiving benefits.
The Moorepay study underscores the urgent need for reform within Georgia’s pension system to better protect its citizens.
Topics: #georgia #study #moorepay
