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Pensions at a Glance 2013

OECD and G20 Indicators

image of Pensions at a Glance 2013

This comprehensive examination of pension systems in OECD and selected non-OECD countries looks at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions before providing a series of detailed country profiles.

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Net pension replacement rates

For average earners, the net replacement rate across the OECD averages 66%, which is 11 percentage points higher than the gross replacement rate. This reflects the higher taxes and contributions that people paid on their earnings when working than they pay on their pensions in retirement. Net replacement rates again vary across a large range, from under a third in Mexico to over 100% in the Netherlands for average earners.

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Tables

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