[PDF] ALLIANZ PENSION REPORT 2020 THE SILVER SWAN

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Weight:

Sweden12.91183.3862.96132.62

Belgium22.92464.2632.8582.31

Denmark32.96173.32133.24112.51

New Zealand43.00213.46273.8311.94

United States53.04113.10143.29162.77

Australia63.13103.04163.34222.96

Netherlands73.13394.00303.8721.95

Norway83.16163.28293.86102.39

Bulgaria93.16323.8022.67363.33

Canada103.24203.42263.80122.59

China113.25464.2652.94263.06

Czech Republic123.26424.1642.86343.22

Latvia133.27263.64173.36232.99

Ireland143.31414.1293.14273.08

Luxembourg153.35404.04394.1072.27

United Kingdom163.36243.58233.57253.03

Slovak Republic173.36444.24113.18283.09

Italy183.39706.10103.1762.25

Taiwan193.43604.96153.33152.77

Kazakhstan203.4872.94333.88373.36

Finland213.49343.84354.02172.79

Israel223.5182.98534.49182.80

Switzerland233.52434.18634.6742.05

Japan243.52665.52384.1031.96

Estonia253.53283.70424.16192.81

Germany263.56564.76213.52243.01

Lithuania273.57383.94123.22423.74

Indonesia283.59153.2012.48604.89

Korea293.59625.2283.12353.25

Singapore303.61534.60624.6652.08

Peru313.72153.20343.98413.71

Malta323.74524.58404.12212.93

Russia333.78253.62223.56494.09

Austria343.84655.50514.45102.39

Mexico353.84153.2073.12584.89

Egypt363.88123.12203.48544.66

Philippines373.9122.44253.71574.85

India383.91233.54313.87514.15

Hong Kong SAR393.92363.86464.35383.52

Colombia413.93303.72414.13433.84

South Africa413.9362.88243.59554.80

Turkey423.95504.34193.40524.30

Brazil433.98584.82454.34323.20

Spain443.98675.88474.39142.63

Hungary454.05544.68594.59313.19

Croatia464.05554.70384.10403.69

Slovenia474.07635.28504.43293.12

Cyprus484.08574.80614.64303.16

Portugal494.12706.10494.40202.85

Romania504.12373.88484.40443.98

France514.16594.84644.76343.22

Thailand524.18474.28444.33453.99

Chile534.22303.72604.61474.09

Poland544.27615.10364.05464.08

Kenya554.3342.84434.25615.15

Ukraine564.36514.56554.52494.09

Vietnam574.37484.30323.87604.89

Greece584.43706.10524.47393.56

Argentina594.46223.50584.58564.82

Morocco604.47343.84183.36675.88

Malaysia614.5252.86705.72514.15

Kuwait624.59353.84674.96534.59

Laos634.6332.62283.85696.41

Nigeria644.6311.46574.58686.27

Bahrain654.70273.68564.55625.37

Qatar664.78193.40664.87635.38

Saudi Arabia675.03103.04685.32655.74

Sri Lanka685.18323.80695.61645.46

United Arab Emirates695.29645.28654.77665.83

Lebanon705.45494.32544.50706.97

API 2020

Sustainabiltiy

API 2020

Adequacy

40%

API 2020

40%

API 2020

Financial and Demographic

Starting Point

20% D

28 0M\ 2020

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Sub-index I

SustainabilityAdequacy

Aims

LeversDemographic prerequisites

Old age dependency ratio

Fiscal prerequisites

Financial leeway

Stabilizing the balance of years

in work and in retirement

Partially decoupling financing from

demographic developments

Fair public pension income for as

manypeople as possible

Additional pension income

Retirement age

Contribution rate

Financing method

Pension formula

Coverage

Benefit ratio

(compulsory) second pillar

Savings incentives

Employment opportunities

Startingpoint

Sub-index IISub-index III

7

28 0M\ 2020

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