OECD calls for rapid rise in retirement age

Governments must move quickly to raise the retirement age beyond 65 and scrap the barriers that keep older people out of the workforce if national pension systems are to remain both adequate and financially sustainable, the Organisation for Economic Co-operation and Development warned in a repoirt published in March 2011..

In 'Pensions At A Glance 2011' released on the 17 March 2011, the OECD said that life expectancy in much of the industrialised world has already risen much faster than the planned increases in the age at which most citizens are allowed to draw their pensions from the state.

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

OECD: Pensions at a Glance 2011 (Browse only version) http://www.keepeek.com/Digital-Asset-Management/oecd/finance-and-investment/pensions-at-a-glance-2011_pension_glance-2011-en

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