Turkmenistan

Region

Turkmenistan has a social pension.

Older people demographics

  • 560.3 k

    Population aged 60+

    Total number of persons aged 60 years and older in the country/territory

  • 7.6 %

    Percentage of total population aged 60+

    Percentage of the total population that is aged 60 years and older

  • 16.2 %

    Percentage of total population aged 60+ in 2050

    Percentage of the total population projected to be aged 60 years and older in 2050

Pension coverage

  • 85.3 %

    Total coverage of pension system

    Percentage of people aged 60 years and older who receive any old age pension (all types)

  • 77.8 %

    Contributory pension coverage

    Percentage of people aged 60 years and older who receive a contributory old age pension

  • 7.6 %

    Social pension coverage

    Percentage of people aged 60 years and older who receive a tax-financed old age social pension

How is the social pension designed?

Scheme Old-age social pension
Social pension name in local language durmuş pensiýasy
Type Social assistance (poverty targeted)
Eligibility age 62 for men, 57 for women
Monthly transfer amount in local currency: 329 Turkmenistan New Manat
Monthly transfer amount as a percentage of per capita GDP: 12.31%
Monthly transfer amount as a percentage of relevant World Bank poverty line: 86.9%