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...
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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...
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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.
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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 comparison...
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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...
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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, 344kb
Highlights for Austria from Pensions at a Glance which is a comprehensive examination of pension systems in OECD and selected non-OECD countries looking at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions.
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.
English, PDF, 466kb
The effective age of labour market exit in Japan is one of the highest in OECD. Retirement-income adequacy may be an issue for future cohorts of retirees...
English, PDF, 684kb
Increase in retirement age will be a major driver of pension spending reductions. Retirement-income adequacy may be an issue in the future...