Indicators of Pension Policies
Abstract:Part II updates the important indicators of retirement‐income systems developed for the first and second editions of Pensions at a Glance. It also offers an expanded range of indicators. This information ‐ presented in a clear, "at a glance" style ‐ provides a comprehensive and consistent framework for comparing and evaluating pension systems and pension policies.
The 17 indicators are divided into three categories. The first of these groups comprises indicators of individual pension entitlements under all 30 of OECD member countries' pension regimes. Along with the familiar measure of pension replacement rates, there are indicators of pension wealth, the progressivity of retirement‐income systems and the balance between public and private provision.
The second group of indicators looks at retirement‐income systems as a whole. These comprise data on contribution rates for public pensions, assets in private pension funds and national pension reserves, coverage of private pensions and expenditure on pension benefits.
The third and final category of indicators relate to the background and context in which retirement‐incomes systems must operate. These include key demographic measures ‐ such as life expectancy and fertility ‐ and average earnings.
Document Type: Review Article
Publication date: August 1, 2009