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Italy tops pension contributions

33 of private employees' gross salary

Redazione Ansa

(ANSA) - Rome, December 5 - Italy is still top of the OECD standings for compulsory pension contributions, accounting for 33% of payrolled worker's gross salary, the Paris-based organisation said Monday in its Pensions Outlook 2016 survey, which stressed the extent of employers' contribution (23.81%), while workers', at 9.19%, was in line with Germany and France.
    The OECD also urged politics to give information on retirement plans and called on governments to boost supplementary pensions.
   

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