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Pensions at a Glance 2023

OECD and G20 Indicators

image of Pensions at a Glance 2023

The 2023 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. It includes a special chapter focusing on pension provisions for hazardous or arduous work. It describes existing rules, characterises recent policy trends and assesses the design and functioning of early-retirement rules for hazardous or arduous jobs given changing working conditions and ageing pressure on pension systems.

This edition also updates information on the key features of pension provision in OECD and G20 countries and provides projections of retirement income for today’s workers. It offers indicators covering the design of pension systems, pension entitlements, the demographic and economic context in which pension systems operate, incomes and poverty of older people, the finances of retirement income systems and private pensions.

English Also available in: French

Recent pension reforms

This chapter looks into pension developments over the past two years. It presents an overview of pension reforms introduced in OECD countries between September 2021 and September 2023. The chapter also describes recent trends in life expectancy and healthy life expectancy as well as inequalities in life expectancy. It provides an overview of long-term trends in employment rates for older age groups and labour market exit ages, and evolutions since COVID‑19. The chapter assesses to what extent pension indexation protected pensioners’ purchasing power throughout the surge in inflation since 2021.

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