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Pensions at a Glance 2017

OECD and G20 Indicators

image of Pensions at a Glance 2017

The 2017 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. Moreover, one special chapter focuses on flexible retirement options in OECD countries and discusses people’s preferences regarding flexible retirement, the actual use of these programs and the impact on benefit levels.

This edition also updates information on the key features of pension provision in OECD 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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Effective age of labour market exit

The average effective age of labour market exit was 65.1 for men and 63.6 for women across OECD countries in 2016. It is ten months higher than the average normal retirement age for men two months higher for women. The lowest effective exit age is found in France for men and in the Slovak Republic for women at 60.0 and 59.5 years, respectively. At the other range of the scale, Korea displayed the highest figures, at 72.0 years for men and 72.2 years for women.

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