Launch of the OECD Pensions Outlook 2016

5 December 2016 Paris, France

Population ageing and the challenging economic environment, characterised by low returns, low growth and low interest rates, create serious problems for pension systems, affecting both pay-as-you-go (PAYG) financed public pensions and funded pensions.

The 2016 edition was launched in Paris on 5 December 2016 in the presence of Angel Gurría, OECD Secretary-General, Phyllis Borzi, Assistant Secretary of Employment to the US Department of Labor and Ambrogio Rinaldi, Director at COVIP.

News release: Design of funded private pensions needs to be improved

Access the Pensions Outlook

Download the highlights booklet

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Keynote address by Angel Gurría

A complementary publication on "Life Annuity Products and Their Guarantees" was released simultaneously.

Further launch events

London on 8 December 2016

Washington DC on 13 December 2016

In the Outlook

the shift away from pensions arrangements where benefits are pre-defined towards arrangements where benefits depend on the assets accumulated and their allocation
tax advantages for retirement savings in comparison to benchmark saving vehiclesannuity products and their guarantees
pension design and financial education
policy measures to improve financial advice for retirement
public sector employee retirement income in comparison to the private sector
annuity products and their guarantees