The pension system in Hungary is under pressure from demographic changes

by Ania Thiemann, Hungary Desk, OECD Economics Department Over the next 50 years, the old-age dependency ratio will double, and public spending on pensions and health-care is set to increase. People will also spend more time in retirement. The 2019 Economic Survey of Hungary is assessing the demands on public finances arising from this population-ageing … More The pension system in Hungary is under pressure from demographic changes

Ambitious retirement age indexation ensures sustainable public finances in Denmark

By Mikkel Hermansen, Denmark desk, OECD Economics Department Denmark has a long tradition of reforms delivering sound public finances and strengthening economic growth. One foundation of long-term fiscal sustainability was the decision taken in 2006 to index statutory and early retirement ages to life expectancy. Projections of public finances suggest that in this case (the … More Ambitious retirement age indexation ensures sustainable public finances in Denmark

Sustainably financing pensions and healthcare in Thailand

By Adam Bogiatzis, Economist, South East Asia Desk, Economics Department. Thailand has made remarkable socio-economic progress over the past several decades. Poverty has plummeted and access to education and health services has become near universal. As is commonly the case, improved health outcomes and expanded opportunities – particularly for women – have led to higher … More Sustainably financing pensions and healthcare in Thailand

Reforming Brazil’s old-age pension system to ensure its sustainability

By Jens Arnold, Head of Brazil Desk at the OECD Economics Department and Hervé Boulhol, Head of Pensions and Population Ageing at the OECD’s Directorate for Employment, Labour and Social Affairs Pensions have been successful in reducing old-age poverty well below the population-wide average, and below the OECD average (Figure 1). At present, all pension … More Reforming Brazil’s old-age pension system to ensure its sustainability