Pensions at a Glance 2017
OECD and G20 Indicators
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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Life expectancy
The remarkable increase in life expectancy is one of the greatest achievements of the last century. Lives continue to get longer, and this trend is predicted to continue. In 2015-20, life expectancy at birth averaged 78.3 years for men and 83.4 years for women. Among women, the figure was highest in Japan (87.2 years) and lowest in Turkey (79.3 years). For men, life expectancy at birth was highest in Iceland (81.6 years) and lowest in Latvia (69.7 years). On average across OECD countries, remaining life expectancy at age 65 is projected to increase by 4.2 years among women and 4.6 years among men during the next 45 years.
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