The current official retirement age is 65 for men and 64 for women. You can find detailed information on the three pillars below. Pillar 1 is your state pension and guarantees a basic income in ...

the easiest way to think about the different systems set up for retirement in China is to break it down to three pillars. Zhang: The first one is the government funded basic pension system.

The old-age pension, which is based on the “three-pillar” system, is one of Switzerland’s greatest achievements. It underlines the sense of solidarity between the generations that is firmly rooted in ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. Within two decades, China’s retirement-age population is projected to ...

While Kiik, Riisalo and Ligi agree that any changes should strengthen the current three-pillar pension system, Seeder takes a different view. He believes that if the pension system is to be changed at ...

At the heart of this looming crisis is China’s pension system, which was originally designed to support retirees but now struggles under the weight of demographic and economic changes. The system, ...

A majority of MPs have voted to ask the government’s highest-ranking advisory body, the Council of State, to assess plans to ...

The second pillar reform planned by the government isn't a game changer, but some of the proposals represented a step forward, says aba's Georg Thurnes ...

The first pillar of the Estonian pension system refers to the state pension, while personal private pension schemes make up the third pillar. Back in 2019 when the second pillar reform was first put ...

Zhang: So all of the three pillars of China’s pension fund are underfunded. According to the Chinese Academy of Social Sciences, the savings in the biggest pillar, the Chinese basic pension system, ...