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Pensions for Public-Sector Employees: Lessons from OECD Countries’ Experience

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dc.contributor.authorWhitehouse, Edward
dc.date.accessioned2016-10-27T20:21:59Z
dc.date.available2016-10-27T20:21:59Z
dc.date.issued2016-10
dc.description.abstractIn 27 out of 34 OECD member countries, there is institutionally separate retirement-income provision for some or all public-sector workers. But the scope of these pension schemes varies significantly: from a modest top-up to the national pension arrangements (covering private-sector workers as well) to entirely independent retirement-income regimes. Average expenditure on these schemes amounts to about 1.5 percent of GDP, or nearly a quarter of total public pension spending. Public-sector pension reform is an issue of great political importance in many countries. Central governments’ workforces are ageing rapidly in all but four of the 26 countries for which data are available. One in three of central-government employees were aged 50 and over in 2009, compared with 22 percent in 1995. This rapid ageing is pushing up the cost of pension schemes at a time when many OECD countries are embarking on fiscal consolidation. This paper examines the arguments and the options for reforming public-sector pension schemes from an international viewpoint. It assesses five different policies to reduce expenditures or increase contribution revenues, showing how these can have very different effects in a public-sector scheme than with national retirement-income arrangements.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/10/26884076/pensions-public-sector-employees-lessons-oecd-countries’-experience
dc.identifier.doi10.1596/25286
dc.identifier.urihttps://hdl.handle.net/10986/25286
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesSocial Protection and Labor Discussion Paper;No. 1612
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectpensions
dc.subjectpublic employment
dc.subjectdemographics
dc.subjectlabor mobility
dc.titlePensions for Public-Sector Employeesen
dc.title.subtitleLessons from OECD Countries’ Experienceen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titlePensions for Public-Sector Employees
okr.date.disclosure2016-10-24
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2016/10/26884076/pensions-public-sector-employees-lessons-oecd-countries’-experience
okr.guid788701477305532992
okr.identifier.doi10.1596/25286
okr.identifier.externaldocumentum090224b0846813b5_5_0
okr.identifier.internaldocumentum26884076
okr.identifier.report109429
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/788701477305532992/pdf/109429-REVISED-PUBLIC-OECD-Pensions.pdfen
okr.region.geographicalEurope
okr.themeSocial protection and risk management
okr.topicSocial Protections and Labor::Pensions & Retirement Systems
okr.topicPublic Sector Development::Public Sector Management and Reform
okr.unitSocial Protection & Labor AFR E (GSP01)
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