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English, PDF, 415kb
Future retirees may expect low pension replacement rates in Germany. Public transfers currently represent a large share of older people’s income in Germany
despite a significant increase in employment rates at older ages work...
English, PDF, 417kb
Future replacement rates for full career workers in Mexico are the lowest in the OECD.More than one in five Mexican people aged over 65 live in poverty. This is the third highest level in OECD countries...
English, PDF, 459kb
Income-poverty rates are high among the over-65s in Switzerland. The effective age of labour market exit is high in Switzerland in international comparison...
English, PDF, 340kb
Old age poverty is generally low, but people aged 76 and above have a higher then OECD average poverty rate. However, publicly provided services matter the most in Sweden and play a major role in enhancing the income of all households, especially the elderly.Recent reforms to occupational pension plans in Sweden will lead to a better level of income...
protection in retirement for high income earners compared to average income earners.
English, PDF, 444kb
Old-age poverty decreased in Portugal in the final few years of the last decade by
more than twice the OECD average. The effective age of labour market exit is high in Portugal in international
English, PDF, 287kb
Future public pension replacement rates for full career workers in the United Kingdom are amongst the lowest across the OECD, but replacement rates including well-established private pensions are around the OECD average. Proposed reforms and the introduction of Automatic Enrolment should increase pension adequacy in the long-term...
English, PDF, 347kb
Concerns about the financial sustainability of the pension system, stemming from rapid population ageing and the economic crisis, have driven pension reforms in recent years. Average monetary living standards of the elderly are relatively high today and even more so when the role of housing is considered...
English, PDF, 344kb
In terms of income, older people in Austria compare relatively well with the total population.
Most of their resources come from public transfers. The effective age at which Austrian workers leave the labour market is low in international
English, PDF, 642kb
Pensions at a Glance 2013 - OECD and G20 Indicators: 8 Key Facts
Recent reforms of pension systems have helped to contain the rise in future costs resulting from ageing populations and increasing life expectancy. Governments now need to do more to encourage people to work longer and save more for their retirement to ensure that benefits are adequate enough to maintain standards of living into old-age.