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Governments must prepare better for future disasters, says OECD

08-Sep-2006

Governments around the world need to be better prepared for large-scale catastrophes and take a more proactive role in working with the insurance industry and other players, OECD Secretary-General Angel Gurría told participants at the inaugural meeting of the OECD International Network on Financial Management of Large-Scale Catastrophes in Paris today.

OECD invites public comment on draft guidelines on the funding and benefit security of pensions

10-Jul-2006

The OECD is inviting public comment on draft guidelines to help governments and regulators improve the way certain types of pension funds are run in order to make workers’ pensions more secure.

Pension Challenges and Pension Reforms in OECD Countries

20-Jun-2006

Recent pension reforms in OECD countries have a number of common themes. First, pension eligibility conditions have been tightened. Second, the indexation of pensions in payment has become less generous. Third, some pension schemes link benefit levels to changes in life expectancy. Finally, a number of countries have introduced defined-contribution pensions: privately managed schemes where the pension benefit depends on contributions and investment returns.
This paper by P.Whiteford and E.Whitehouse was published in the Oxford Review of Economic Policy.

Reform and Challenges for Private Pensions in Russia

18-May-2006

The report presents the main characteristics and design parameters of the new private pension system in the Russian Federation and documents the recent evolution of the private pensions market in Russia. It provides an analysis of the regulation and supervisory regimes in force for both mandatory and voluntary pension plans and highlights the main obstacles and challenges posed by the transition to the new system. The report also draws attention to the need for further improvement of the regulatory framework to promote the development of a solid private pension industry in Russia.

OECD Guidelines on Pension Fund Asset Management

23-Mar-2006

These Guidelines, approved as an OECD Recommendation by the Council, set out good practices in the area of pension fund asset management. They cover regulatory issues such as the prudent person rule, the statement of investment policy, quantitative investment limits and valuation.

OECD publishes report on Ageing and Pension System Reform

28-Nov-2005

This report, prepared at the request of Deputies of the G10, reviews economic consequences of ageing populations for financial markets and recommends that governments help facilitate development of financial instruments to support retirement savings and pensions.

ISSA, IOPS, OECD to cooperate on complementary and private pensions study

26-Sep-2005

The International Social Security Association (ISSA), the International Organisation of Pension Supervisors (IOPS) and the OECD have signed a partnership agreement to work together in the area of complementary and private pensions. The primary focus of the partnership will be to develop and update the ISSA/IOPS/OECD Complementary and Private Pensions database, which at present provides profiles of regulation and practice in complementary and private pension plans in force at January 2003 in 50 countries throughout the world.

Testimony on pension reforms of Edward R. Whitehouse at United States House of Representatives Committee on Ways and Means

16-Jun-2005

The first part of this testimony puts the United States’ pension system in an international context. The second part looks at structural pension reforms that have introduced some kind of mandatory ‘individual accounts’ as a substitute for all or part of public, earnings-related pensions...

Private Pensions: OECD Classification and Glossary

22-Apr-2005

Discussions on pension policy are often unnecessarily complicated by misunderstandings over basic definitions. The OECD has published a classification of private pension systems that is applicable world-wide, including a separate glossary of terms used in the private pensions field.

Meeting of OECD Social Affairs Ministers, 2005

01-Mar-2005

"Extending Opportunities: How active social policy can benefit us all ?" Social ministers from OECD countries will meet in Paris on 31 March – 1 April, 2005 to discuss how social policies can help individuals and families achieve their potential and support economic growth.

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