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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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Public expenditure on pensions

Greece spent the largest proportion of national income on public pensions among OECD countries in 2015: 16.9% of GDP. Other countries with high gross public pension spending are in continental Europe, with Italy at 16.2% and Austria, France and Portugal at between 13% and 14% of GDP. Public pensions generally account for between one-fourth and one-third of total public expenditure in these countries.

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