‌‌‌		Annual survey on financial incentives for retirement savings: OECD country profiles 2023 06/12/2023 – This annual report describes the tax treatment of retirement savings in OECD and selected non-OECD countries. It also covers non-tax financial incentives provided to encourage individuals to save for retirement in asset-backed pension plans. The information refers to the rules applicable as of July 2023. Download the 2023 edition See also 2022 edition 2021 edition 2020 edition 2019 edition 2015 edition
		Financial incentives and retirement savings 03/12/2018 - Tax incentives have long been the primary means used by governments to promote savings for retirement. Given the cost financial incentives represent, it is important to verify whether they are still effective tools for encouraging citizens to save for retirement. This publication reviews how countries design financial incentives to promote savings for retirement and examines whether there is room for improvement. Access the publication    Launch event
		Policy briefs - December 2018 No.1 - Tax treatment of retirement savings in private pension plans across OECD countries   No.2 - Long-term fiscal cost of tax incentives for private pension plans   No.3 - Alternative approaches to designing financial incentives     No. 4 - Policy guidelines for improving the design of financial incentives to promote savings for retirement
		Does the tax treatment of retirement savings provide an advantage when people save for retirement? 5/12/2017 - This chapter in the 2016 OECD Pensions Outlook assesses whether the tax treatment of retirement savings vehicles in different OECD countries provides an advantage when people save for retirement. It then calculates the tax advantage that individuals saving into private pension plans may enjoy over their lifetime.

About the Project

Launched in 2014, the OECD project on Financial Incentives and Retirement Savings is reviewing the cost effectiveness of tax and other financial incentives. It is assessing more efficient ways of using public money to increase savings for retirement, retirement income and replacement rates. The project is taking into account the distributional impact of various measures and will examine alternative means of encouraging saving in complementary private pension plans other than current tax advantages.

The project addresses three key questions that interest policy makers:

• What the different fiscal incentives are, and how they work

• Whether those fiscal incentives are cost efficient in terms of increasing contributions into private pensions and, ultimately, contributing to adequate overall retirement incomes

• What other alternatives to encourage retirement savings may be more efficient.

Download the full project description (pdf)

Contact

Pablo Antolin (tel: +33-1 45 24 90 86 | [email protected])

Stéphanie Payet (tel: +33-1 45 24 15 24 | [email protected])

RELATED READING

Pensions Outlook

Improving the design of retirement saving pension plans

Mortality and life expectancy - Longevity risk

Retirement savings adequacy

Annuity products

Global pension statistics

Pensions at a Glance

With the support of the
European Union