Pensions at a Glance 2009: Retirement – Income Systems in OECD Countries

Pension and retirement policies have changed dramatically in recent years, as governments have tried to balance the goals of adequate retirement incomes and the long-term financial sustainability of pension systems in the face of population ageing. Pensions at a Glance 2009 provides a consistent framework for comparing pension policies between countries along with reliable data.

This third edition updates information on key features of pension provision in OECD countries and provides projections of retirement income for today’s workers. It offers an expanded range of indicators, including measures of assets, investment performance, coverage of private pensions, public pension spending, and the demographic context and outlook.

Four special chapters provide an in-depth look at important issues in pension policy today. The first examines the implications of the present financial and economic crisis on pension systems. Which countries and which individuals are most affected? What can governments do to help and which policies should they avoid? The second looks at incomes and poverty of older people, looking at trends over the past two decades. In many countries, the position of pensioners has improved relative to the population as a whole, but there remain pockets of old-age poverty. The third updates the analysis of pension reforms in the second edition of Pensions at a Glance. How have pension systems changed in the period 2004-08? The final special chapter considers coverage of voluntary private pensions, extending the analysis to look at how this varies with age and earnings. It also evaluates five different policies to expand coverage.

Note: This OECD publication can be accessed in a 'Browse it' format from the OECD website (i.e. you cannot freely print out or download). To obtain the full text you need to access SourceOECD or purchase a paper or electronic version from the OECD Bookshop.

Website: OECD iLibrary http://www.oecd-ilibrary.org/

OECD: Pensions at a Glance 2009 (Browse-it version) http://www.oecd.org/dataoecd/18/52/43021443.pdf

OECD: Pensions at a Glance http://www.oecd.org/document/13/0,3746,en_2649_34757_47305613_1_1_1_1,00.html

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