The index measured four broad categories. Luxembourg scored best, in 4th place globally, in “income security”, an indication of pension coverage, relative income and purchasing power. However the organisation stated that in this area Luxembourg saw “a significant decline in value points from 2013 due to revision of pension coverage and poverty data.”
The Grand Duchy also scored well, at number ten worldwide, in the “health status” field, which measured things such as “the average number of years a person aged 60 can expect to live in good health” and “mental wellbeing”.
Luxembourg came in 19th globally in “enabling societies and environment”, which indicated links with family and friends and “civic freedom”. But only 57% of people over 50 felt “safe walking alone at night”.
The Grand Duchy’s overall ranking was dragged down by its score in the “capability” section of the survey, where it placed 54th in the world. This reflected the finding that only 41% of the population aged 55-64 are employed, reducing “their ability to supplement pension income with wages”, and that 55% of those aged 60 and older had “secondary or higher education”.
Ranked below UK, France; above Belgium, Italy
The overall global top ten were Norway, Sweden, Switzerland, Canada, Germany, the Netherlands, Iceland, US, Japan and New Zealand. Other high scoring countries included the UK (11), Denmark (12) and France (16).
Luxembourg came in between 17th ranked Ireland and 18th placed Israel, and 20th ranked Estonia and 21st placed Spain.
Belgium was 27th. Italy was 39th.
The ten lowest ranked territories were Iraq, Zambia, Uganda, Jordan, Pakistan, Tanzania, Malawi, the West Bank and Gaza, Mozambique and 96th placed Afghanistan.
The report noted that there were roughly 100,000 people over 60 living in Luxembourg, about one-fifth of the total population. The group said that proportion will rise to nearly one-third by 2050.
HelpAge issued the survey on 1 October to mark the UN International Day of Older Persons.