Pensions at a Glance 2013
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Pensions at a Glance 2013

OECD and G20 Indicators

This comprehensive examination of pension systems in OECD and selected non-OECD countries looks at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions before providing a series of detailed country profiles.

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26 Nov 2013
DOI: 
10.1787/pension_glance-2013-en
 
Chapter
 

Public expenditure on pensions You or your institution have access to this content

English
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    http://oecd.metastore.ingenta.com/content/8113221ec028.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/finance-and-investment/pensions-at-a-glance-2013/public-expenditure-on-pensions_pension_glance-2013-28-en
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Pages:
170–171
DOI: 
10.1787/pension_glance-2013-28-en

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Public spending on cash old-age pensions and survivors’ benefits in the OECD increased 27% faster than the growth in national income between 1990 and 2009, from an average of 6.1% of gross domestic product (GDP) to 7.8%. Public pensions are often the largest single item of government expenditure, accounting for 17% of total government spending on average.

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