2024年养老金市场焦点

Pension Markets in Focus2024 This work is published under the responsibility of the Secretary-General of the OECD. The opinions expressed andarguments employed herein do not necessarily reflect the official views of the Member countries of the OECD. This document, as well as any data and map included herein, are without prejudice to the status of or sovereignty overany territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use ofsuch data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements inthe West Bank under the terms of international law. Kosovo: This designation is without prejudice to positions on status, and is in line with United Nations Security CouncilResolution 1244/99 and the Advisory Opinion of the International Court of Justice on Kosovo’s declaration ofindependence. ISBN 978-92-64-18199-1 (print)ISBN 978-92-64-88016-0 (PDF)ISBN 978-92-64-53836-8 (HTML)ISBN 978-92-64-77843-6 (epub) Pension Markets in FocusISSN 3006-8029 (print)ISSN 3006-8037 (online) Photo credits:Cover © grapestock/Adobe Stock. Attribution 4.0 International (CC BY 4.0)This work is made available under the Creative Commons Attribution 4.0 International licence. By using this work, you accept to be bound by the terms of this licence(https://creativecommons.org/licenses/by/4.0/).Attribution– you must cite the work.Translations– you must cite the original work, identify changes to the original and add the following text:In the event of any discrepancy between the original work and thetranslation, only the text of original work should be considered valid.Adaptations– you must cite the original work and add the following text:This is an adaptation of an original work by the OECD. The opinions expressed and arguments employed inthis adaptation should not be reported as representing the official views of the OECD or of its Member countries.Third-party material– the licence does not apply to third-party material in the work. If using such material, you are responsible for obtaining permission from the third party and forany claims of infringement.You must not use the OECD logo, visual identity or cover image without express permission or suggest the OECD endorses your use of the work.Any dispute arising under this licence shall be settled by arbitration in accordance with the Permanent Court of Arbitration (PCA) Arbitration Rules 2012. The seat of arbitration shallbe Paris (France). The number of arbitrators shall be one. Foreword Pension Markets in Focusprovidesdetailed and comparable statistics onasset-backed pensionsaroundthe world.Thispublicationaimstohelppolicy makers,regulators andotherstakeholders evaluate thedesign and operation of pension systems, and to support policy discussions through internationalcomparisons.Pension Markets in Focusis published annually.Apreliminary versionis publishedin Junebased oninitialdata on selected variables, andthefinal versionin the last quarter of the yearbased onthe latest data on a more comprehensive set of variables. The preliminary version of the 2024 edition ofPension Markets in Focusshowed that assets earmarkedfor retirement grew inmost jurisdictions in2023. This growth contrasts with the large decline in assets inmany OECD countries in 2022. Thisfinal version ofPension Markets in Focus 2024explores whether the growthinassets earmarked forretirementwassufficient to offsettheinvestment lossesincurred in 2022,and howthis growthinassetsfits inthe long-termtrend.Itfirstlooksat the extent of the growthinassetsin 2023andthe underlyingdriversbehind it.It thenshowsthejurisdictionsin whichthe growth offset the losses incurred in 2022. Italsocompares the trends in 2023 with the long-term trends and examines whetherthe shift away fromdefined benefitplans to defined contribution planscontinued. Data used to prepare this reportwerecollected frompensionauthoritiesand other bodieswithin theframework of the OECD’s Global Pension Statistics projectconducted under the aegisofthe OECDWorking Party on Private Pensions. The OECD’s partnership with the International Organisation of PensionSupervisors (IOPS) and the World Bankexpandsthe geographical coverage of thereport beyond theOECDarea.The OECD isgrateful tothe IOPS and the World Bank who helpedwiththe data collection,and topensionauthoritiesand other reporting bodiesforproviding data and comments. The report wasprepared by theCapital Markets and Financial Institutions Division within the OECDDirectorate for Financial and Enterprise Affairs (DAF) and under the direction of Pablo Antolin,Head of theDivision’sInsurance and Pensions Unit.This report was prepared by Romain Despalinswithinsights andinputsfrom the Unit,in particular from Stéphanie Payet.Sally Day-Hanotiaux provided statisticalassistance and comme