Pensions at a glance 2013 : OECD and G20 indicators.

Format:

Book

Contributor:

OECD iLibrary.

Organisation for Economic Co-operation and Development.

D'Addio, Anna Cristina.

Series:

OECD pensions at a glance, 1995-4026

Language:

English

Subjects (All):

Old age pensions--Government policy--OECD countries.

Old age pensions.

Pensions--Government policy--OECD countries.

Pensions.

Physical Description:

1 online resource (368 p.)

Place of Publication:

Paris : OECD, 2013.

Summary:

This comprehensive examination of pension systems in OECD and selected non-OECD countries looks at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions before providing a series of detailed country profiles.

Contents:

Foreword; Table of contents; Editorial - Pensions under stress; Executive summary; Chapter 1. Recent pension reforms and their distributional impact; Introduction; Recent pension reforms; Key goals of pension reform; Overview of pension reforms; Table 1.1. Overview of pension reform measures in 34 OECD countries, 2009-13; Coverage; Adequacy; Financial sustainability; Work incentives; Administrative efficiency; Diversification and security; Other reforms; Distributional impact of pension reforms

Table 1.2. Details of pension reforms enacted or implemented between January 2009 and September 2013Impact of pension reform on replacement rates; Countries with only one major reform in the last 20 years; Figure 1.1. The uniform impact of pension reform on replacement rates in Austria and Japan, 2009-13; Figure 1.2. Reform offers lower earners relatively better protection; Figure 1.3. Pension reform in Sweden spares highest earners' replacement rates; Countries with several reforms in the last 20 years; Figure 1.4. Replacement rates after interim reforms; Impact on pension wealth

Figure 1.5. Austria case studyWhat if pension ages had not increased?; Figure 1.6. Comparison of gross replacement rate and gross pension wealth; Figure 1.7. Comparison of gross replacement rates and gross pension wealth with unchanged retirement age, 1990-2013; Conclusions and policy implications; Work longer, save more; Poor currently protected but everyone will get less in future; More workers need to be covered in emerging economies; Pension promise will decrease; Early retirement access is being tightened; Table 1.3. Recent and post-reform pension reforms; Pension adequacy issues remain

NotesReferences; Chapter 2. The role of housing, financial wealth and public services for adequate living standards in old age; Introduction; Adequacy; What constitutes adequacy?; Monetary and non-monetary dimensions of adequacy; Measuring adequacy of living standards; Cash and non-cash income; Box 2.1. Absolute measures of poverty; Pension replacement rates; Figure 2.1. Theoretical net replacement rates at different earnings levels for full-career workers entering the labour market in 2012, OECD; Recipiency and take-up of minimum and target benefits

Figure 2.2. Recipiency of targeted and minimum pensions among people aged 65 and over, 2012Living standards in retirement: Incomes and poverty in old age; Snapshot of elderly incomes in the OECD; Figure 2.3. Relative incomes of the over-65s, late 2000s; Sources of elderly incomes; Figure 2.4. Sources of incomes of the over-65s, late 2000s; Figure 2.5. Sources of income of the over-65s by income decile, late 2000s; Figure 2.6. Trends in elderly incomes from the mid-1990s to late 2000s; Old-age poverty rates; Figure 2.7. Changes in poverty rates by age, 2007-10

Figure 2.8. Poverty rates among the over-65s

Notes:

"This work is published on the responsibility of the Secretary-General of the OECD"--T.p. verso.

OECD code: 81 2013 22 1 P.

"This report was prepared by the pensions team in the Social Policy Division of the OECD Directorate for Employment, Labour and Social Affairs. The team comprises Anna Cristina D'Addio [and three others]"--Foreword.

Description based on online resource; title from PDF title page (ebrary, viewed February 13, 2014).

ISBN:

9789264203938

9264203931