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Pensions at a Glance Asia/Pacific 2018

image of Pensions at a Glance Asia/Pacific 2018

Many of Asia’s retirement-income systems are ill prepared for the rapid population ageing that will occur over the next two decades. The demographic transition – to fewer babies and longer lives – took a century in Europe and North America. In Asia, this transition will often occur in a single generation. Asia’s pension systems need modernising urgently to ensure that they are financially sustainable and provide adequate retirement incomes. This report examines the retirement-income systems of 18 countries in the region. The report provides new data for comparing pension systems of different countries. It combines the OECD’s expertise in modelling pension entitlements with a network of national pension experts who provided detailed information at the country level, verified key results and provided feedback and input to improve the analysis.

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Foreword

This study presents a range of indicators to enable comparisons between the pension systems of economies in the Asia/Pacific region. It also includes data for key countries that are members of the Organisation for Economic Co-operation and Development (OECD). It builds on the first Pensions at a Glance: Asia/Pacific which was also a joint project between the World Bank and the OECD, along with the OECD/Government of Korea Research Centre on Health and Social Policies (RCHSP) and updates the 2013 edition.

English

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