Retirement Changes: Defined-contribution pension plans are becoming more
popular among leading employers worldwide, but the details differ within each
country, according to a study by Mercer, which has published a global guide
along with its findings.
The guide covers pension and health benefits trends for retired employees in
47 countries and highlights retirement, medical, disability and death benefit
plans of multinational and leading local companies in each area.
The authors highlighted five global trends: Companies are moving away from
defined-benefit plans; raising the retirement age; spending more energy
complying with changing requirements for plan governance; introducing new types
of benefit plans; and struggling to control rapidly rising health care
costs.
Called “Introduction to Benefit Plans Around the World: A Guide for
Multinational Employers,” the guide details the mandatory requirement practices
and regulations for each country as well as typical market practices. It also
assesses the general pension environment in each country, identifies
opportunities and trends and outlines recently proposed legislation that could
affect employers. A sample report showing eight of the 47 countries can be
downloaded here.
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