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3. Benefits – Values and Replacement Rates

The value of benefits provided under different types of schemes varies across countries due to the existence of different and multiple pension programmes. Generally, values can be presented in both absolute and relative terms, i.e. as a percentage of average worker earnings. Replacement rates indicate the ratio of pensions to earnings. The gross replacement rate is defined as gross pension entitlement divided by gross pre-retirement earnings. The net replacement rate is defined as the individual net pension entitlement divided by net pre-retirement earnings, taking into account personal income taxes and social security contributions paid by workers and pensioners.


  • Gross / net pensions replacement rates from public, mandatory private and voluntary private pension schemes, 2005 - 2013
    Table | 19.03.2015 | Details | Download | Visual Story
  • Mandatory public pension: Benefit conditions, 2014
    Table | 01.01.2015 | Details | Download
  • Net theoretical pension replacement rate, 2010 + 2050 (projection)
    Table | 01.11.2014 | Details | Download
  • Parameters and rules of income-replacement pensions, 2012
    Table | 01.12.2014 | Details | Download
  • Progressivity of Pension Entitlements
    Report | 03.03.2008 | Details | Download
  • Taxation and social security contributions from pension benefits, European Union, 2014
    Table | 01.01.2015 | Details | Download
  • Treatment of pensions and pensioners under personal income tax and social security contributions, 2013
    Table | 01.12.2014 | Details | Download

Visual Story on gross/net pensions replacement rates (preview)

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