Pension systems in 15 countries compared: the value of entitlements

Edward Whitehouse ()

MPRA Paper from University Library of Munich, Germany

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.

Keywords: pensions; retirement (search for similar items in EconPapers)
JEL-codes: D14 I38 J14 (search for similar items in EconPapers)
Date: 2001-02
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Citations: View citations in EconPapers (12)

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