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Pensions at a Glance 2015

OECD and G20 indicators

image of Pensions at a Glance 2015

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.

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Current retirement ages

The rules for eligibility to retire and withdraw a pension benefit are very complex and often reflect conflicting government objectives. This is all mirrored in the different criteria for pension benefit withdrawal in different schemes. In 2014 the OECD average normal pension age was equal to 64.0 years for men and 63.1 years for women across all schemes for an individual retiring in 2014 and assuming labour market entry at age 20.

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