state pensions in Britain are the lowest as a proportion of pre-retirement wages of all of our European neighbours. UK pensioners receive around a quarter (28%) of the average working wage when they retire, where as pensioners in Luxembourg and Austria receive 90% of the average working wage.
But the Department for Work and Pensions (DWP) said comparing pension schemes was "complex" due to "fundamental differences" in the way they are run.
Read more on dailyrecord.co.uk
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