Old age pensions across countries Stefanie König Workshop of the project “Determinants of Retirement Decisions in Europe, the US and Japan” 01.-02.07.2015,

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Old age pensions across countries Stefanie König Workshop of the project “Determinants of Retirement Decisions in Europe, the US and Japan” , MZES Mannheim

old age dependency ratio

INSTITUTIONAL CONTEXT Data on old age pensions across countries and over time is provided by the “Social Citizenship Indicator Program“ (SCIP) The research leading to these results has received support under the European Commission’s 7th Framework Programme (FP7/ ) under grant agreement n°312691, InGRID – Inclusive Growth Research Infrastructure Diffusion.

Replacement rates for minimum (blue), standard (red) and full (green) pensions

Difference between minimum and full pension replacement rates

Differences in replacement rates from 1990 to 2010 for 35 years of contribution (standard)

Old age pension benefits

Correlation of standard replacement rates and effective retirement age ( )

…same results for 2010

Who is financing the old age pension?

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