Uk Pension 'Is One of the Most Miserly'

Daily MailMay 03, 2005

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Summary


BRITAIN'S pensions system provides one of the lowest retirement incomes in the Western world for people on average incomes, a report reveals.

Fulltime workers on the average wage of Pounds 22,000 a year can expect to receive just 48 per cent of their after-tax earnings.

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Uk Pension 'Is One of the Most Miserly'

In Luxembourg, by contrast, an employee on average earnings can expect to get a pension worth 110 per cent of his wage meaning the p...

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