Pensions at a Glance 2015
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Pensions at a Glance 2015

OECD and G20 indicators

The 10-year anniversary edition of Pensions at a Glance highlights the pension reforms undertaken by OECD and G20 countries over the last two years. Two special chapters provide deeper analysis of first-tier pension schemes and of the impact of short or interrupted careers, due to late entry into employment, childcare or unemployment, on pension entitlements. Another chapter analyses the sensitivity of long-term pension replacement rates on various parameters. A range of indicators for comparing pension policies and their outcomes between OECD and G20 countries is also provided.

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Chapter
 

Gross pension replacement rates You or your institution have access to this content

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Author(s):
OECD

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The future gross replacement rate shows the level of pension benefits in retirement from mandatory public and private pension schemes relative to earnings when working. For workers with average worker earnings (AW), the future gross replacement rate averages 53% for men and 52% for women in the 34 OECD countries, with substantial cross-country variation. At the bottom of the range, Mexico and the United Kingdom offer future replacement rates of around 25-30% of average earnings to people starting work today. The Netherlands, at the top of the range, offers replacement rates of slightly more than 90%.

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