OECD principles of occupational pension regulation : methodology for assessment and implementation.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development.

Language:

English

Subjects (All):

Pensions--OECD countries.

Pensions.

Retirement income--OECD countries.

Retirement income.

Physical Description:

1 online resource (137 p.)

Place of Publication:

[Paris, France] : OECD Pub., 2010.

Language Note:

English

Summary:

Occupational pensions play a major role in OECD countries and worldwide, complementing retirement income from state sources. At the end of 2009, private pension savings reached USD 25 trillion. Population ageing has led many OECD countries to undertake a wide range of pension reforms – the overall effect of which has been to reduce public pension promises and, in turn, to increase the importance of private pension savings for retirement. The Core Principles cover seven key areas: i) Conditions for effective regulation and supervision; ; ii) Establishment of pension plans, pension funds, and pension fund managing companies; iii) Pension plan liabilities, funding rules, winding up, and insurance; iv) Asset Management; v) Rights of members and beneficiaries and adequacy of benefits; vi) Governance; and vii) Supervision. Each of the seven core principles consists of a main text and a set of implementing guidelines. In the case of the core principle of supervision, the supporting guidelines integrate the IOPS Principles of Private Pension Supervision. The Methodology provides a structured approach for evaluating a jurisdiction’s occupational pension regulatory system in relation to the OECD Core Principles of Occupational Pension Regulation.

Contents:

1. Introduction

2. Country background and national regulatory framework

3. Core principles

4. Overall assessment.

Notes:

Also available in French: Principes de l'OCDE sur la reglementation des pensions professionnelles : Methodologie pour l'evaluation et la mise en oeuvre.

ISBN:

1-282-79751-4

9786612797514

92-64-08709-5

OCLC:

662384104