Pension systems in 15 countries compared: the value of entitlements

Whitehouse, Edward (2001): Pension systems in 15 countries compared: the value of entitlements. Published in: Centre for Pensions and Superannuation Discussion Paper

Abstract

This paper calculates prospective pension entitlements for illustrative workers at different income levels in 15 OECD countries. The modelling includes universal and resource tested schemes, public and private earnings-related plans and mandatory defined contribution schemes. The paper includes a detailed description of pension systems, gross pension benefits and benefits net of tax. The results show considerable differences in the philosophy of different countries pension schemes, particularly in the importance of insurance and redistributive motives.

• Item Type: MPRA Paper
• Language: English
• Keywords: pensions; retirement
• Subjects: J - Labor and Demographic Economics > J1 - Demographic Economics > J14 - Economics of the Elderly ; Economics of the Handicapped ; Non-Labor Market Discrimination; I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty > I38 - Government Policy ; Provision and Effects of Welfare Programs; D - Microeconomics > D1 - Household Behavior and Family Economics > D14 - Household Saving; Personal Finance

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