“This fourth edition of Pensions at a Glance provides an expanded range of indicators for comparing pension policies and the outcomes of these policies between OECD countries. The indicators are also, where possible, provided for new OECD member countries and the other major economies that are members of the G20. In Part I, five special chapters provide deeper analysis of the central issues of pensions, retirement and life expectancy…Half of OECD countries are already increasing statutory pension ages or will do so in the coming decades. Pension eligibility ages for men currently average 63 and, for women, 62. These will increase to nearly 65 by 2050 for both sexes on current plans. However, in all but five OECD countries, projected gains in life expectancy over the next four decades will outstrip prospective increases in pension ages. Thus, financial sustainability is not guaranteed unless pension ages are increased beyond current plans in most of the OECD.
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