British Pensioners Among the Poorest
Britains pension levels rank 26th out of 30 developed countries
3rd May 2005
A report by the OECD (Organisation for Economic Co-operation and Development) has placed Britain's state pensions 26th out of 30 developed countries.
Measured as a proportion of average income, Britain's pensioners can expect to receive around 48% when they retire, much less than the average figure of 69%.
The leading country was Luxembourg, which pays out 102% of average national earnings to its pensioners.
Read More: BBC Report, OECD
|
More on Pensioner Poverty : Extent of Pensioner Poverty Underlined (News, 01/06/2005), 1 in 5 Pensioners in Poverty (News, 30/11/2004) |
Home - Investment - Pensions
