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This review of Israeli labour market and social policy finds that Israel has enjoyed strong economic growth over the last decade but the benefits of this are being distributed unevenly.
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The paper discusses vulnerabilities in selected segments of the insurance sector and identifies specific issues related to the role of the insurance sector in the current financial crisis. The paper is part of a special report on the financial crisis and private pensions and insurance policies which will form part of the “OECD Strategic Response to the Crisis” and it provides a framework for the analysis in that report.
The financial crisis required governments to make massive interventions in their financial systems. This book sets out priorities for reforming incentives in financial markets as well as for phasing out these emergency measures.
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This report addresses the question of ageing societies from a perspective that integrates implications and solutions for both healthcare and pensions, whereas most reports look separately at one or the other. The report focuses on opportunities, whereas most previous ones have focused primarily on risks. Finally, the report provides an overview of a broad set of practical solutions, ranging from the existing, but underappreciated, to
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This paper provides background on insurer corporate governance, describes practices and identifies possible regulatory and supervisory issues. It was developed jointly by the OECD and the IAIS.
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The German pension system has so far been less affected by the crisis than many other OECD countries... Replacement rates for low-earners are the lowest within the OECD at 43.0%. But coverage of private pensions is high, especially for lower earners, compared with other OECD countries.<
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Australia’s superannuation funds have been heavily hit by the financial crisis, with real losses of 26.7% in 2008.... More than one in four Australian seniors live in poverty on international measures. The OECD welcomes the government’s increase in the age pension to address this problem...
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The proportion of retirement incomes coming from private pensions and other financial assets in Canada is one of the highest among the 30 OECD countries. Old-age income safety-nets are amongst the highest in the OECD, helping Canada have one of the lowest poverty levels...
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The United Kingdom’s private pension funds have been heavily hit by the financial crisis, with real losses of 17.4% in 2008... The proportion of retirement income package from voluntary private pensions in the UK is the highest among OECD countries.
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The United States’ private pension funds have been heavily hit by the financial crisis, with real losses of 26.2% in 2008... Nearly one in four US seniors live in poverty on international measures. This is the fifth highest old-age poverty in the OECD countries just under double the OECD average