Low pension rating for Ireland - OECD

Courtesy Independant.ie

IRELAND is close to bottom of the league when it comes to comparing final income with pension income, according to a study from Paris-based OECD.

The report found that people in OECD countries will have to savemore for their retirement as a result of the major pension reformscarried out in recent years.

The average pension promise in 16 OECD countries studied was cut by 22pc as a result of the reforms.

For women, the reduction was 25pc.

To find out what you can expect to earn in retirement, check out the Pensions Boards pension calculator.

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Low pension rating for Irish - OECD - Irish, Business - Independent.ie