The generosity of state pension systems has been slashed in many advanced countries, says the Organisation for Economic Co-operation and Development.
An OECD report says the value of compulsory pension systems will drop by an average of 22% in 16 member states.
The average pension promised has improved in only two of those countries - the UK and Hungary.
The study says pension changes that started in the 1990s mean that people will have to save more for retirement.
Raising retirement ages has been the main way of reducing pension promises.
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