Most countries have separate pension plan for public sector employees. The future fiscal burden of these plans can be substantial as the government usually is the largest employer, pension promises in the public sector tend to be relatively generous, and future payments have to be paid out directly fromgovernment revenues (pay-as-you-go) or by funded plans (pension funds) which tend to be underfunded. The valuation and disclosure of these promises in some countries lacks transparency, which may be hiding potentially huge fiscal liabilities that are being passed on to future generations of workers.

Having weathered the financial crisis, pension fund asset levels in most countries continue to show strong growth and are on the way to returning to pre-crisis levels. During 2010, both economic and financial indicators showed signs of further recovery. However, the outlook for future economic growth in developed economies remains uncertain and sluggish.

Forventa yrkesaktivitet er ein indikator for å måla lengda på yrkeskarrierer basert på yrkesaktiviteten i einskilde år. Ein 15-åring i 2010 kunne forventa ein yrkeskarriere tilsvarande 30,9 årsverk. Dette er noko lågare enn i 2008 og 2009, og skuldast auken i arbeidsløysa etter finanskrisa.

Med innføringen av pensjonsreformen fra nyttår 2011 ble det mulig å ta ut alderspensjon før fylte 67 år. I denne artikkelen gis det en analyse av hva som kjennetegner de som valgte å benytte seg av denne muligheten, sammenlignet med dem som ikke gjorde det.

A feature of defined benefit (DB) occupational pensions is that changing jobs entails gains or losses (depending on the age at transition) in terms of overall pension entitlements. Inefficiencies may arise in the labour market if employees covered by DB pensions tend to change jobs more or less often than they would if pension entitlements were fully portable.

As baby boomers near traditional retirement ages, many express an intent to work longer. But older workers often look for greater flexibility that would allow them more time for non-work activities.

Recent changes in retirement trends and patterns have raised questions about the likely retirement behavior of baby boomers, the large cohort born between 1946 and 1964.

Today, the average retirement age is 63. If people continue to retire at 63, they are going to face a severe decline in living standards at retirement for a number of reasons.

Dette notatet gir en foreløpig beskrivelse av arbeidstakeres kunnskap om pensjonsreformen, pensjonssystemet og egen tjenestepensjonsordning basert på data fra en surveyundersøkelse blant et representativt utvalg arbeidstakere i privat sektor.

Pension plan sponsors in the Netherlands are facing their second funding challenge in the past decade, this one more severe than the first.

While 401(k) plans now dominate the private sector, defined benefit plans remain the norm among state and local governments. Why have public sector employers not shifted from defined benefit plans to 401(k)s like their private sector counterparts?

Although defined benefit plans dominate the state and local sector, in the last decade twelve states have introduced some form of defined contribution plan.