In 2023, 45.1 per cent of people aged 50 to 74 across the EU were receiving a pension. In Cyprus, the rate was significantly lower at 37.8 per cent, the fifth-lowest in the bloc.
Only Spain (30.7 per cent), Greece (34.1 per cent), Italy (35.4 per cent) and Denmark (37.7 per cent) recorded lower percentages .
The data also show that just 1.9 per cent of people in this age
