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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Gross pension replacement rates

The future gross replacement rate shows the level of pension benefits in retirement from mandatory public and private pension schemes relative to earnings when working. For full-career workers with average earnings, the future gross replacement rate averages 53% for men and 52% for women in the 35 OECD countries, with substantial cross-country variation. At the bottom of the range, the United Kingdom offer future replacement rates of 22% at the average wage to people starting work at age 20 today. The Netherlands, at the top of the range, offers replacement rates of slightly less than 97%.

English Also available in: German, French



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