Net Pension Replacement Rates: Public and Private Schemes
Source: SourceOECD Social Issues/Migration/Health, Volume 2011, Number 1, March 2011 , pp. 110-111(2)
Abstract:The OECD average for net replacement rates of an average earner from public schemes alone is 50%, compared with 68% with mandatory private pensions included. When voluntary private pensions, under typical rules, are added, the average net replacement rate is 77% for an average earner.
Document Type: Review Article
Publication date: March 1, 2011