Mortality and the Provision of Retirement Income / Organisation for Economic Co-operation and Development

Format:

Book

Government document

Author/Creator:

Organisation for Economic Co-operation and Development.

Language:

English

Subjects (All):

Finance and Investment.

Local Subjects:

Finance and Investment.

Physical Description:

1 online resource (140 p. )

Edition:

1st ed.

Place of Publication:

Paris : OECD Publishing, 2023.

Summary:

This report analyses the development of mortality assumptions to build mortality tables to better protect retirement income provision. Mortality assumptions are necessary to ensure the sustainability of lifetime incomes. It explores considerations and traditional approaches for developing mortality tables, as well as provides an international overview of longevity trends and drivers over the last several decades, including the impact of the COVID-19 pandemic. The report also details the standard mortality tables developed across OECD member countries and offers guidelines to assist regulators and supervisors in assessing whether the mortality assumptions and tables used in the context of retirement income provision are appropriate.

Contents:

Global approaches to developing standard mortality tables for the provision of retirement income

Modelling choices for the development of standard mortality tables

Executive summary

The impact of the COVID‑19 pandemic on mortality

Longevity trends

Foreword

Good practices for developing standard mortality tables for retirement income arrangements.

ISBN:

92-64-85240-9