Skip to main content

Pensions at a Glance: Asia/Pacific (Complete Edition ‐ ISBN 9789264059771)

Buy Article:

$24.00 plus tax (Refund Policy)

The report analyses the retirement income systems of 18 Asian countries, including Australia, China, India, Indonesia, Pakistan, the Philippines and Vietnam. It says that reform is needed because: coverage of formal pension systems is relatively low; withdrawal of savings before retirement is very common; pension savings are often taken as lump sums and often do not provide people with adequate income over their lifetime; pensions payments are not automatically adjusted to reflect changes in the cost of living.

In OECD countries, an average of 70% of the working‐age population are eligible for a pension. However in South Asia, just 7.5% of the working‐age population are eligible and in East Asia 18%. Furthermore, few countries in Asia/Pacific have social pensions to provide safety‐net retirement incomes for people who are not members of formal schemes. Only in India are social pensions significant, with around 10 to 15% of older people covered.
No References
No Citations
No Supplementary Data
No Article Media
No Metrics

Document Type: Review Article

Publication date: 2009-01-01

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more