Pensionable Age and Life Expectancy, 1950‐2050
Abstract:Around half of OECD countries have already begun increasing pension ages or plan to do so in the future: 18 countries for women and 14 countries for men. Recent increases in pensionable ages have often proved controversial because of their greater visibility to politicians and voters. By 2050, the average pensionable age in OECD countries will reach nearly 65 for both sexes: an increase of nearly 2.5 years for men and 4 years for women on 2010. However, life expectancy is projected to grow faster than these increases in pension age. Life expectancy at pensionable age is forecast to increase by about 3 years for men and 2.5 years for women between 2010 and 2050.
Document Type: Review Article
Publication date: 2011-03-01