OECD Pensions at a Glance 2005
Public Policies across OECD Countries
The first comprehensive book of its kind, this comparison of key features of pension systems of OECD countries provides coverage of retirement ages, benefit accrual rates, ceilings, and indexation. Future pension entitlements are shown for full-career workers at different earnings levels. Indicators measure redistribution in pension systems, the cost of countries' pension promises, and potential resource transfer. Thirty country chapters explain pension systems and replacement rates in detail.
"Pensions at a Glance is a significant undertaking and a major contribution to the body of comparative international pensions literature. The publication will serve as an important resource to those in the pensions policy community."
--Ladan Manteghi, AARP Global Aging Program
“This book is a valuable reference for policymakers, academics, and business people concerned about retirement systems in the developed world.”
--Olivia S. Mitchell, Executive Director, Pension Research Council,
The Wharton School, University of Pennsylvania
--Henry J. Aaron
The Brookings Institution
- Click to access:
-
Click to download PDF - 1.63MBPDF
-
Click to Read online and shareREAD
United Kingdom
Britain has a complex pension system, which mixes defined-benefit and definedcontribution formulae and public and private provision. The public scheme has two tiers (a flat-rate basic pension and an earnings-related additional pension), which are complemented by a large voluntary private pension sector. Most employee contributors “contract out” of the state second tier into private pensions of different sorts. A new income-related benefit (pension credit) has recently been introduced to target extra spending on the poorest pensioners...
Also available in: French
- Click to access:
-
Click to download PDF - 274.93KBPDF
-
Click to Read online and shareREAD