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OECD Pensions at a Glance 2005

Public Policies across OECD Countries

image of OECD Pensions at a Glance 2005

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

"The massive OECD report, Pensions at a Glance, deserves much more than a glance.  It is compendium of facts and analyses that should inform policy-making and public debate around the world for years to come.  By providing in clear and easy-to-understand form a wealth of information about pension systems throughout the OECD, it will make it much harder for even the most insular to ignore the valuable lessons to be learned from the pension experience of other nations."

--Henry J. Aaron

The Brookings Institution

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Voluntary, Occupational Pensions

Occupational pension schemes, voluntarily provided by employers, are common in many OECD countries. This section shows detailed results on the value of these pension entitlements for four countries: Canada, Denmark, the United Kingdom and the United States. These four countries were chosen for three reasons. First, coverage of occupational pensions is broad: around one third of employees in Canada, a little under half in the United Kingdom and the United States and around 80% in Denmark.1 Secondly, occupational pensions play an important role in providing retirement incomes. Thirdly, data are available on the rules and parameters of different employers’ plans for these countries...

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