Private Pensions Expert Group
Chair
Pieter J. Kiveron
AkzoNobel N.V.
(Netherlands)
Secretariat Lead
Satoshi Iwashita
Policy Expert and B20 Co-ordinator
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01.
Why OECD Work on Private Pensions Policy Matters
Global economic dynamics emphasize the necessity for steadfast retirement saving systems. Shifts in national pension fund policies can profoundly influence capital markets due to their long-term focus. The OECD’s work on private pensions helps countries develop effective pension systems, ensuring retirement security for individuals and reducing the financial burden on businesses to provide extensive retirement benefits. Coordinating regulations for private pensions accentuates the importance of the OECD’s guidance, especially in navigating challenges faced by policymakers for the insurance and pension industry.
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03.
How Business Engages with the OECD on Private Pensions Policy
Our Private Pensions Expert Group works closely with the OECD, including on the complexities of private pension schemes, emphasizing sustainability, the pivotal role of employers, and the importance of financial education. We foster balanced regulatory perspectives that serve all stakeholders, ensuring OECD policy guidance on both defined benefit (DB) and defined contribution (DC) plans resonates with the interests of employers and beneficiaries.
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02.
Our 2024 Priorities
- Addressing economic and regulatory concerns related to private pension schemes
- Enhancing retirement system sustainability and flexibility
- Fostering employer involvement in private pensions system design
- Improving private pension programs through efficient administration and financing
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04.
Our Engagement with OECD Bodies
- OECD Working Party on Private Pensions
- OECD Insurance and Private Pensions Committee