Pensions at a Glance 2019

OECD and G20 Indicators

image of Pensions at a Glance 2019

The 2019 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. Moreover, two special chapters focus on non-standard work and pensions in OECD countries, take stock of different approaches to organising pensions for non-standard workers in the OECD, discuss why non-standard work raises pension issues and suggest how pension settings could be improved.

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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Future retirement ages

Across countries, the average normal retirement age for a man with a full career from age 22 equalled 64.2 years in 2018 (). For the generation entering the labour market in 2018, this age will increase to 66.1 years (hence around 2062). Meanwhile, the remaining life expectancy of men at age 65 is projected to increase on average from 18.1 to 22.5 years (see Chapter 6), so by more than twice as much as the normal retirement age.

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