Pensions at a Glance 2015
OECD and G20 indicators
The 10-year anniversary edition of Pensions at a Glance highlights the pension reforms undertaken by OECD and G20 countries over the last two years. Two special chapters provide deeper analysis of first-tier pension schemes and of the impact of short or interrupted careers, due to late entry into employment, childcare or unemployment, on pension entitlements. Another chapter analyses the sensitivity of long-term pension replacement rates on various parameters. A range of indicators for comparing pension policies and their outcomes between OECD and G20 countries is also provided.
Expected years in retirement
The expected years in retirement indicator measures the length of expected remaining life expectancy from the time of average labour market exit by gender. In 2014 the OECD average for the number of expected years in retirement was 17.6 years for men and 22.3 years for women. France had the highest expected time in retirement, where it was equal to 23.0 years for men 27.2 years for women. Korea had the lowest expected years in retirement and here it was 11.4 years for men and 16.6 years for women. The average duration of expected years in retirement across OECD countries has increased over time. In 1970 men in the OECD countries spent on average 11 years in retirement, and women 15. By 2014 this had increased to 18 and 22 years respectively.
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