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International Pensions

New Plan Design in the Netherlands

Publication

Up until now, workers in the Netherlands have typically been covered by industry-wide defined benefit plans. These plans are administered by boards which include representatives of employers, workers, and retirees.

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Disclosure of Fees in Australia

Publication

In Australia, legislation requires the disclosure in Australian dollars of fees and charges by pension plans and mutual funds.  The requirement applies to both establishing an account and ongoing fees, which must be disclosed on periodic account statements.  All fees and other expenses charged to individuals for the management of the investments in their retirement accounts must be di

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Independent Pension Trustees in Australia

Publication

In Australia, pension plans are administered by independent trustees. The trustees are typically financial institutions, which are responsible for managing the plans, investing plan assets, and paying benefits. The trustees are licensed and regulated by government agencies.

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Resolving Pension Disputes in Australia

Publication

The Superannuation Complaints Tribunal was set up by the Australian government to help employees and retirees who have pension problems.

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Lost Pensions in Australia

Publication

Sometimes when workers change jobs, they later cannot find the pension plan of their former employer when they are eligible to receive benefits. This problem can occur, for example, if their former firm changes its name or moves to a new location.

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Universal Pensions in Australia

Publication

Australia has an employer-provided pension system where employers are required to contribute nine percent of workers’ pay either to a traditional defined benefit pension plan or a defined contribution plan. Most employers choose defined contribution plans. All workers are covered, except low-income workers and workers under age 18 or over 70.

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International Pensions: An Overview

Publication

Retirement systems vary throughout the world, but all face similar challenges. Many countries are experimenting with new approaches for addressing these challenges. Their experiences provide a testing ground for concepts that can provide guidance as U.S. policymakers look for new ways of providing retirement security for American workers.

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International Differences in Poverty Rates

Publication

The data in the Country Comparisons chart comes from Table 1 of a study done for the Organization for Economic Co-operation and Development (OECD) called the Luxembourg Study.

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