Pensions at a Glance 2011
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Pensions at a Glance 2011

Retirement-income Systems in OECD and G20 Countries

The theme of this fourth edition of Pensions at a Glance is pensions, retirement and life expectancy. Many countries have increased pension ages in the face of population ageing and longer lives. Some have introduced an automatic link between pensions and life expectancy. Improvements to the incentives to work rather than retire are also a common part of recent pension-reform packages. However, ensuring that there are enough jobs for older workers remains a challenge. 

An in-depth look at these important policy issues is provided by five special chapters on: pension ages, retirement behaviour, pension incentives to retire, the demand for older workers and linking pensions to life expectancy. This edition updates information on the key features of pension provision in OECD countries and provides projections of retirement income for today’s workers. It offers an expanded range of 34 indicators, covering the design of national retirement-income provision, pension entitlements, incomes of older people, the finances of pension systems, the demographic and economic context in which pension systems operate and private pensions. 

More countries are analysed than in previous editions, including four new members of the OECD: Chile, Estonia, Israel and Slovenia. Where possible, data are also provided for the other major economies in the G20: Argentina, Brazil, China, India, Indonesia, Russia, Saudi Arabia and South Africa. Along with data on the European Union’s 27 member states, this brings to 43 the number of economies covered in the report. 

About Pensions at a Glance...

 "An extraordinarily useful and careful compilation of pension information for a wide-range of countries, presented in a common format and following a thoughtful structure. The authors have brought cross-national pension comparisons to a new level, and they are to be commended for their intensive efforts. [This] represents some of the smartest comparative work out there, by people intimately familiar with the nuances – and complexities – of comparative pension work." 

- Olivia Mitchell, Director of the Boettner Centre for Pensions and
Retirement Research, 
 Wharton School, University of Pennsylvania

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    http://oecd.metastore.ingenta.com/content/8111011e.pdf
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Date de publication :
17 mars 2011
DOI :
10.1787/pension_glance-2011-en
 
Chapitre
 

Pensionable Age and Life Expectancy, 1950-2050 You or your institution have access to this content

Anglais
Cliquez pour accéder: 
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Auteur(s):
OCDE
Pages :
19–37
DOI :
10.1787/pension_glance-2011-5-en

Cacher / Voir l'abstract

Around half of OECD countries have already begun increasing pension ages or plan to do so in the future: 18 countries for women and 14 countries for men. Recent increases in pensionable ages have often proved controversial because of their greater visibility to politicians and voters. By 2050, the average pensionable age in OECD countries will reach nearly 65 for both sexes: an increase of nearly 2.5 years for men and 4 years for women on 2010. However, life expectancy is projected to grow faster than these increases in pension age. Life expectancy at pensionable age is forecast to increase by about 3 years for men and 2.5 years for women between 2010 and 2050.
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