Net replacement rates are evaluated for a prime-age worker (aged 40) with a “long” and uninterrupted employment record. Six of the eight countries recorded falling NRRs (as did the OECD area as a whole). The largest drops are shown in countries where the generosity of more than one type of benefit was reduced: Finland (UI, UA and GMI), Poland (Ul, GMI), followed by Germany (GMI and merging of UA and GMI) and France (UI and UA). The moderate increases in NRRs in the United Kingdom (both before and after the crisis) are largely the consequence of lower in-work incomes (e.g., because of higher taxes) that occurred at the relevant earnings levels.