Net Pension Wealth

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Abstract:

Net pension wealth, like the equivalent indicator in gross terms, shows the present value of the lifetime flow of pension benefits. But it also takes account of taxes and contribution paid on retirement incomes. Both figures for pension wealth are expressed as a multiple of individual gross earnings. For average earners, net pension wealth for OECD countries averages 8.2 times gross individual earnings for men and 9.6 for women. Val

Document Type: Review Article

Publication date: March 1, 2011

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