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.
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Public expenditure on pensions
Public spending on cash old-age pensions and survivors’ benefits in the OECD increased 28% faster than domestic output between 1990 and 2011, from an average of 6.2% of gross domestic product (GDP) to 7.9%. Public pensions are often the largest single item of social expenditure, accounting for 18% of total government spending on average.
Also available in: French
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