The indicators in this chapter look at the finances of pension systems. The first indicator presents an overview of the “Mandatory pension contributions” that workers have to pay towards their future pension entitlements.
The second indicator looks at the “Public expenditure on pensions”. It shows how much of gross domestic product is allocated towards national public pensions and the overall share of public pensions in the government budget. The third indicator focuses on private pension spending and looks at the total benefit spending on mandatory, quasi-mandatory and voluntary private schemes.
The final indicator presents long-term projections of pension spending and in particular the evolution of public expenditure on pensions in the period 2018‑19 to 2050.