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Pensions: How does the UK compare?. OECD, November 2005. Net replacement rate: average earner. Luxembourg. Italy. Germany. France. OECD average. Japan. Canada. Australia. United States. United Kingdom. Ireland. 0. 25. 50. 75. 100. 125.

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Pensions how does the uk compare l.jpg

Pensions:How does the UK compare?

OECD, November 2005


Net replacement rate average earner l.jpg
Net replacement rate: average earner

Luxembourg

Italy

Germany

France

OECD average

Japan

Canada

Australia

United States

United Kingdom

Ireland

0

25

50

75

100

125

Net replacement rate (pension/earnings, per cent


Net replacement rate low earner l.jpg
Net replacement rate: low earner

Luxembourg

France

Canada

Italy

OECD average

Japan

United Kingdom

Australia

Ireland

Germany

United States

0

25

50

75

100

125

Net replacement rate (pension/earnings), individual on half average earnings, per cent


Older people s relative incomes l.jpg
Older people’s relative incomes

United States

Canada

Netherlands

Luxembourg

Japan

Germany

France

OECD average

Italy

New Zealand

Ireland

United Kingdom

Australia

0

25

50

75

100

Net income of 66-75 year olds, per cent of overall average income


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Old-age poverty

Ireland

Australia

United States

Japan

Italy

United Kingdom

OECD average

France

Germany

Canada

Luxembourg

Netherlands

New Zealand

0

5

10

15

20

25

30

Percentage of 66-75 year olds with income below half median population income


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Fiscal projections

Italy

France

Germany

OECD average

Japan

Netherlands

Canada

New Zealand

United States

0

United Kingdom

Australia

0

5

10

15

20

Current and 2050 old-age pension spending, per cent of GDP


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Sources and further reading

  • Pensions at a Glance: Public Policies across OECD Countries, OECD, 2005

  • ‘Income distribution and poverty in OECD Countries in the second half of the 1990s’, by Michael Förster and Marco Mira d'Ercole, Social, Employment and Migration working paper no. 22, OECD, 2005

  • ‘Fiscal implications of ageing: projections of age-related spending’, by Thai Thanh Dang, Pablo Antolín and Howard Oxley, Economics Department working paper no. 305, OECD, 2001

  • Ageing and Employment Policies: United Kingdom, OECD, 2005

  • Ageing and Income – Financial Resources and Retirement in Nine OECD Countries, OECD, 2001


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Contact information

  • Edward Whitehouse

  • ELS/SPDOECD2 rue Andre PascalParis 75775 France

  • Internet: www.oecd.org/ageing


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