World Monitor Magazine, Economy WM_April 2019 web version (2) | Page 37

Life style
Countries of the world by type of pension systems
SYMBOLS
ance contributions
and takes into ac-
count the financial
situation
A system based on
insurance premi-
ums and a universal
system that does
not provide for the
payment of insur-
ance premiums.
The system with
the payment of
contributions
and the universal
system that does
not provide for the
deduction of insur-
ance premiums
Lack of a
nationwide pension
system
pension payments in relation
to average earnings
the ratio of pensioners and
working-age population
22.1
(the number of people aged 65 years
per 100 people aged 20 to 64 years)
(gross recovery ratio
in men)
No data
Payment system
only
Only a system that
does not provide
for the payment of
insurance contribu-
tions and takes
into account the
financial situation
Only a universal
system that does
not provide for the
payment of insur-
ance premiums.
The system based
on insurance
premiums and a
system that does
not provide for the
payment of insur-
Pension systems
Source: OECD (data for OECD countries and G20)
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