OECD pensions outlook, 2012.
This edition of the OECD Pensions Outlook examines the changing pensions landscape. It looks at pension reform during the crisis and beyond, the design of automatic adjustment mechanisms, reversals of systemic pension reforms in Central and Eastern Europe, coverage of private pension systems and gua...
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
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Paris :
OECD
2012.
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| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705428706719 |
Tabla de Contenidos:
- Foreword; Table of Contents; Editorial; Executive Summary; Chapter 1. Pension Reform During the Crisis and Beyond; 1.1. Introduction; Figure 1.1. Average annual real net investment return of pension funds in selected OECD countries; 1.2. Objectives of the pension system; 1.3. Overview of reforms; 1.4. Coverage; Table 1.1. Overview of pension-reform measures, September 2007-February 2012; 1.5. Adequacy; 1.6. Indexation; 1.7. Pensionable ages; Figure 1.2. Pensionable age under long-term rules, by sex; Figure 1.3. Normal pension ages by sex, 1949-2050
- Figure 1.4. Life expectancy at age 65 by sex, 1960-2050Figure 1.5. Life expectancy at normal pension age by sex, 1960-2050; 1.8. Work incentives; 1.9. Sustainability; 1.10. Administrative efficiency; 1.11. Diversification and security; 1.12. Other reform measures; 1.13. Conclusions; Notes; References; Annex 1.A1; Table 1.A1.1. Details of pension-reform measures, September 2007-February 2012, by primary objective; Chapter 2. Putting Pensions on Auto-pilot: Automatic-adjustment Mechanisms and Financial Sustainability of Retirement-income Systems; 2.1. Introduction
- 2.2. Defining financial sustainability2.2.1. Sustainable rates of return on PAYG schemes; Box 2.1. The Aaron-Samuelson framework in practice; 2.2.2. Pay-as-you-go equilibrium; Figure 2.1. Difference between public pension contribution revenue and pension expenditure, percentage of GDP, 2007 and 2060; Figure 2.2. Ratio of pension expenditure to pension contribution revenue, percentage of GDP, 2007-2060; 2.2.3. Actuarial equilibrium; 2.3. Targets, instruments and mechanisms for implementation of automatic adjustment mechanisms; 2.3.1. The adjustments of benefit levels
- Figure 2.3. Life expectancy at age 60 and 65 by sex, OECD average, 1960-2050Table 2.1. Different ways of linking pension benefits automatically to life expectancy; Box 2.2. Linking pensions to life expectancy: notional defined contribution pension systems (NDC) in Italy, Sweden and Poland; Box 2.3. Relations between different types of pension schemes; Figure 2.4. Impact of indexation practice on real value of pensions in payment; Table 2.2. Life expectancy and annuity factors: Baseline data for 2010 and alternative projections for 2050
- Figure 2.5. Pension entitlements under different life-expectancy scenarios: Man with average earningsTable 2.3. Pension ages needed to equalise benefits in 2010 and 2050 under different mortality scenarios: Man on average earnings, selected countries; 2.3.2. Pensionable age and other eligibility criteria; 2.3.3. Contribution rates; 2.4. Automatic adjustment mechanisms and the use of a buffer fund; Figure 2.6. Assets in public pension reserves, 2010, per cent of GDP; 2.5. Implications for financial sustainability; 2.6. Political economy of automatic adjustment mechanisms
- 2.7. Summary and conclusions
