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Better to be poor in NZ than in Germany says survey

A new survey of state pensions in affluent nations shows that it may be better to be poor in retirement in New Zealand than in Germany.

The Pensions at a Glance survey, just released by Organisation for Economic Co-operation and Development (OECD) says that only New Zealand and Ireland outperform the United States in re-distributing income to their poorest retirees, because they have simple flat-rate state pensions.



Source: www.stuff.co.nz



Click here for the full story!


04.05.2005

 
 

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