Net replacement rates P1T009

	A	B	C	D	F	G	H	J	K	L	N	O	P	R	S	T
1	Pensions at a Glance 2013 - © OECD 2013
2	CHAPTER 4 PENSION ENTITLEMENTS "4.10. Net pension replacement rates from public, mandatory private and voluntary private pension schemes"	4.10. Net pension replacement rates from public, mandatory private and voluntary private pension schemes
3	Version 1 - Last updated: 16-Oct-2013
4	This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.
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7	4.10. Net pension replacement rates from public, mandatory private and voluntary private pension schemes
8	Percentage of individual earnings
9		Public			Mandatory private			Voluntary DC			Total mandatory			Total with voluntary
10		0.5	1	1.5	0.5	1	1.5	0.5	1	1.5	0.5	1	1.5	0.5	1	1.5

11	Australia	57.7	17.5	0.9	42.7	50.1	53.5				100.5	67.7	54.3
12	Austria	91.2	90.2	86.2							91.2	90.2	86.2
13	Belgium	72.9	50.1	39.9				19.0	18.5	14.8	72.9	50.1	39.9	91.8	68.6	54.7
14	Canada	71.5	50.6	35.2				38.5	43.8	45.8	71.5	50.6	35.2	110.0	94.4	81.0
15	Chile	22.3	5.9	0.0	40.3	45.9	47.7				62.5	51.8	47.7
16	Czech Republic	79.7	50.7	40.1				43.5	45.7	46.1	79.7	50.7	40.1	123.2	96.4	86.2
17	Denmark	66.2	30.1	18.9	51.2	47.3	48.5				117.5	77.4	67.4
18	Estonia	49.4	32.7	26.7	30.3	29.7	28.8				79.7	62.4	55.5
19	Finland	71.3	62.8	63.2							71.3	62.8	63.2
20	France	75.9	71.4	60.9							75.9	71.4	60.9
21	Germany	55.9	55.3	54.4				21.3	21.1	20.8	55.9	55.3	54.4	77.2	76.4	75.2
22	Greece	92.5	70.5	65.0							92.5	70.5	65.0
23	Hungary	94.4	95.2	96.1							94.4	95.2	96.1
24	Iceland	26.4	6.8	4.5	66.9	68.9	68.8				93.3	75.7	73.3
25	Ireland	71.4	37.3	27.9				41.8	43.7	49.0	71.4	37.3	27.9	113.2	81.0	76.9
26	Israel	46.5	25.2	17.9	62.0	58.0	41.2				108.5	83.2	59.1
27	Italy	78.0	78.2	77.9							78.0	78.2	77.9
28	Japan	54.3	40.8	35.7							54.3	40.8	35.7
29	Korea	64.8	45.2	34.2							64.8	45.2	34.2
30	Luxembourg	87.1	69.4	66.8							87.1	69.4	66.8
31	Mexico	31.1	4.2	2.9	25.0	27.3	28.4				56.2	31.5	31.3
32	Netherlands	65.6	33.0	21.4	39.2	68.2	75.8				104.8	101.1	97.2
33	New Zealand	83.0	43.5	30.6				14.5	15.2	16.0	83.0	43.5	30.6	97.5	58.7	46.6
34	Norway	71.5	52.0	39.5	6.8	7.7	8.3	10.2	12.9	19.0	78.3	59.7	47.8	88.5	72.6	66.8
35	Poland	30.4	29.9	29.7	30.2	29.6	29.5				60.6	59.5	59.1
36	Portugal	77.7	67.8	68.4							77.7	67.8	68.4
37	Slovak Republic	54.4	48.7	46.8	33.6	36.7	37.8				88.1	85.4	84.7
38	Slovenia	80.8	59.0	57.0							80.8	59.0	57.0
39	Spain	79.5	80.1	79.8							79.5	80.1	79.8
40	Sweden	47.6	33.7	27.6	21.2	21.5	45.3				68.8	55.3	72.9
41	Switzerland	60.2	43.4	28.5	18.2	31.3	20.6				78.4	74.7	49.1
42	Turkey	103.9	93.6	97.2							103.9	93.6	97.2
43	United Kingdom	61.7	38.0	27.2				38.6	40.2	41.7	61.7	38.0	27.2	100.3	78.1	68.9
44	United States	56.2	44.8	40.4				42.9	44.2	45.8	56.2	44.8	40.4	99.1	88.9	86.2
45	OECD34	65.7	48.7	42.6							79.4	64.1	58.3	100.1	79.5	71.4
46	Other major economies
47	Argentina	134.6	105.6	98.4							134.6	105.6	98.4
48	Brazil	60.2	63.5	70.3							60.2	63.5	70.3
49	China	106.4	84.7	78.2							106.4	84.7	78.2
50	India	85.9	64.1	58.2							85.9	64.1	58.2
51	Indonesia				14.4	14.4	14.5				14.4	14.4	14.5
52	Russian Federation	35.2	35.2	35.2	19.9	19.9	19.9				55.1	55.1	55.1
53	Saudi Arabia	109.9	109.9	109.9							109.9	109.9	109.9
54	South Africa	0.0	0.0	0.0				56.1	60.8	61.8	0.0	0.0	0.0	56.1	60.8	61.8
55	EU27	68.6	56.6	50.7							80.0	69.1	64.3
56	DC = defined contribution.
57	Source: OECD pension models.
58	OECD (2013), Pensions at a Glance 2013: Retirement-Income Systems in OECD and G20 Countries
59	www.oecd.org/pensions/pensionsataglance.htm
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68	80.9	71.1	68.3
69	84.4	68.1	61.5
70	87.2	71.8	66.3