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Pensions at a Glance 2023

OECD and G20 Indicators

image of Pensions at a Glance 2023

The 2023 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. It includes a special chapter focusing on pension provisions for hazardous or arduous work. It describes existing rules, characterises recent policy trends and assesses the design and functioning of early-retirement rules for hazardous or arduous jobs given changing working conditions and ageing pressure on pension systems.

This edition also updates information on the key features of pension provision in OECD and G20 countries and provides projections of retirement income for today’s workers. It offers indicators covering the design of pension systems, pension entitlements, the demographic and economic context in which pension systems operate, incomes and poverty of older people, the finances of retirement income systems and private pensions.

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Pension provisions for workers in hazardous or arduous jobs

This chapter describes pension provisions for hazardous or arduous jobs in OECD countries, discusses the issues they raise and provides policy guidance in this area. The first section asks why hazardous or arduous jobs may call for special pension provisions. The second section documents differences across occupations in terms of health and life expectancy as well as the impact of working conditions on health and mortality. The third section analyses existing special pension provisions for workers in hazardous or arduous jobs among OECD countries. The following section presents trends in pension reforms for hazardous or arduous jobs. Then, the role of various policies (other than old-age pensions) in addressing hazardousness and arduousness of jobs is analysed. The final section provides policy implications.

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