Assets in Pension Funds and Public Pension Reserve Funds
Substantial assets have been accumulated in most OECD countries to help meet future pension liabilities. Total pension funds' assets were the equivalent to nearly 68% of gross domestic product (GDP) in 2009. Half of OECD countries have built up public pension reserves to help pay for state pensions. In these countries, public pension reserves were worth nearly 20% of GDP.
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Document Type: Review Article
Publication date: 2011-03-01