OECD’s Misleading Retirement Replacement Income Statistic for the United States

National Academy of Social Insurance December 7, 2020 According to the Organisation for Economic Cooperation and Development’s influential Pensions at a Glance, the United States has a gross retirement income replacement rate for average-income workers of 70.3 percent (see table 5.3). On the face of it, a 70.3 percent replacement rate is impressive. It matches the 70Continue reading “OECD’s Misleading Retirement Replacement Income Statistic for the United States”