Making the state pension simpler could spur millions of younger people to save more towards their retirement, new research has revealed.
According to a Populus survey for the National Association of Pension Funds (NAPF), half (47%) of those aged between 18 and 34 would contribute more into a pension if they knew how much state pension they would get.
On average, those in the age bracket in question who would pay more into their workplace pension said they would save an extra £44.51 a month.
Two thirds of 18 to 34-year-olds said not knowing what they would get from the state makes it difficult to plan for their old age.
Joanne Segars, NAPF chief executive, said younger people are keen to take more control of their retirement, but a clearer state pension foundation on which they can build their own nest egg is needed.
"If they could see the state offer might not be enough, they'd be more inclined to get their own savings sorted, partly to avoid working past an increasing retirement age," she added.
"The current system is a dog's breakfast and makes it impossible for people to plan their future. Even pensions experts struggle to work out what they'll get, so what hope does Joe Public have?"
The Government has already declared its intention to simplify the state pension system.
It wants to introduce a more generous flat-rate pension guaranteeing the equivalent of £140 a week in today's money.
Official figures show 78% of 18 to 24-year-olds, and 43% of those aged 25 to 34 are not saving for their retirement.
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