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) ru.sputniknews.kz supported by EUROBAK 35