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Private pension assets are defined as all forms of private investment with a value associated to a pension plan over which ownership rights are enforced by institutional units, individually or collectively. This indicator is measured in millions of USD.
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Gross pension wealth shows the size of the lump sum that would be needed to buy a flow of pension payments equivalent to that promised by the mandatory pension system in each country. It is affected by life expectancy and by the age at which people take their pensions, as well by as indexation...
Persistent link: https://www.econbiz.de/10013523951
Net pension wealth is the present value of the flow of pension benefits, taking account of the taxes and social security contributions that retirees have to pay on their pensions. It is affected by life expectancy and by the age at which people take their pensions, as well by as indexation...
Persistent link: https://www.econbiz.de/10013527361
Pension funds' assets are defined as assets bought with the contributions to a pension plan for the exclusive purpose of financing pension plan benefits. The pension fund is a pool of assets forming an independent legal entity. This indicator is measured in millions of USD or as a percentage of GDP.
Persistent link: https://www.econbiz.de/10013525875