Financial incentives for funded private pension plans in OECD countries
04/12/2020 – This report describes the tax treatment of retirement savings in OECD countries as of June 2020. It also covers non-tax financial incentives provided to encourage individuals to save for retirement in funded private pension plans.
Financial incentives and retirement savings
03/12/2018 – Tax incentives have long been the primary means used by governments to promote savings for retirement. Given the cost financial incentives represent, it is important to verify whether they are still effective tools for encouraging citizens to save for retirement. This publication reviews how countries design financial incentives to promote savings for retirement and examines whether there is room for improvement.
Policy briefs – December 2018
Does the tax treatment of retirement savings provide an advantage when people save for retirement?
5/12/2017 – This chapter in the 2016 OECD Pensions Outlook assesses whether the tax treatment of retirement savings vehicles in different OECD countries provides an advantage when people save for retirement. It then calculates the tax advantage that individuals saving into private pension plans may enjoy over their lifetime.
About the Project
Launched in 2014, the OECD project on Financial Incentives and Retirement Savings is reviewing the cost effectiveness of tax and other financial incentives. It is assessing more efficient ways of using public money to increase savings for retirement, retirement income and replacement rates. The project is taking into account the distributional impact of various measures and will examine alternative means of encouraging saving in complementary private pension plans other than current tax advantages.
The project addresses three key questions that interest policy makers:
- What the different fiscal incentives are, and how they work
- Whether those fiscal incentives are cost efficient in terms of increasing contributions into private pensions and, ultimately, contributing to adequate overall retirement incomes
- What other alternatives to encourage retirement savings may be more efficient.
Download the full project description (pdf)
Pablo Antolin (tel: +33-1 45 24 90 86 | email@example.com)
Stéphanie Payet (tel: +33-1 45 24 15 24 | firstname.lastname@example.org)
With the support of the