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Pensions refer to payment made to a person (or their dependants) after retirement. Pension systems vary across countries and no single model fits all. Generally, there is a mix of public and private pension provision. Public pensions are statutory, most often financed on a pay-as-you-go basis...
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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...
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Pension spending is defined as all cash expenditures (including lump-sum payments) on old-age and survivors pensions. Old-age cash benefits provide an income for persons retired from the labour market or guarantee incomes when a person has reached a 'standard' pensionable age or fulfilled the...
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Providing appropriate financial security for retirement is an issue of crucial importance to OECD Member and non-member countries alike. The approaches adopted to implement the necessary reforms vary depending on each country’s economic, social and demographic environment. Increasingly,...
Persistent link: https://www.econbiz.de/10012448762
This dataset presents the positions and flows of pension liabilities in all pension schemes that are considered to be part of social insurance, as well as the corresponding entitlements as seen from the viewpoint of (resident and non-resident) households, including social insurance pension...
Persistent link: https://www.econbiz.de/10013526330
This dataset includes pension funds statistics with OECD classifications by type of pension plans and by type of pension funds. All types of plans are included (occupational and personal, mandatory and voluntary). The OECD classification considers both funded and book reserved pension plans that...
Persistent link: https://www.econbiz.de/10013530212