Lowest: Mexico has the lowest level of state pension in the developed world.
The UK has the second-worst state pension system in the developed world, with only Mexico providing a less generous retirement income, a study has found.
A damning report by the Organisation for Economic Development and Co-operation found that average earners in the UK will retire with a state pension worth just 32.6 per cent of their working income.
Only Mexicans, with 28.5 per cent, are worse off, with the Dutch topping the table of the 34 OECD members with a replacement income rate of an impressive 90.7 per cent.
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