Pension systems by country

The table below shows the pension systems by country.

Pension systems by country
CountryPillar 0Pillar 1Pillar 2Pillar 3
 AfghanistanNoY Social insurance systemN/AN/A
 AlgeriaY Social assistanceY Social insurance systemN/AN/A
 ArgentinaY Basic pensionY Social insurance systemNo, closed in 2008N/A
 ArmeniaY Social assistanceY Social insurance systemY Mandatory individual accountsY Voluntary pensions
 AustraliaY Social assistanceY Mandatory occupational pension systemN/AN/A
 AustriaNoY Social insurance systemY Occupational pensionsY Private pensions
 BahrainNoY Social insurance systemN/AN/A
 BangladeshY Social assistanceN/AN/AN/A
 BelarusY Social assistanceY Social insurance systemN/AN/A
 BelgiumY Social assistanceY Social insurance systemN/AN/A
 BhutanNoY Provident fund systemNoN/A
 BotswanaY Basic pensionNoNoN/A
 BrazilY Social assistanceY Social insurance systemN/AN/A
 BruneiY Basic pensionY Provident fund systemY Supplementary individual accountN/A
 BulgariaY Social assistanceY Social insurance systemY Individual accountsN/A
 Burkina FasoNoY Social insurance systemN/AN/A
 BurundiNoY Social insurance systemN/AN/A
 CameroonNoY Social insurance systemN/AN/A
 CanadaY Basic pensionY Canada Pension PlanN/AY Registered retirement savings plan
 ChinaY Social assistanceY Social insurance systemY Mandatory individual accountsN/A
 Czech RepublicY Basic pensionY Social insurance systemNo, canceled in 2016Y Voluntary individual accounts
 Dominican RepublicY Social assistanceY Mandatory individual accountsN/AN/A
 El SalvadorY Social assistanceY Mandatory individual accountsN/AN/A
 EstoniaY Social assistanceY Social insurance systemY Mandatory individual accountsY Voluntary individual accounts
 EswatiniY Social assistanceY Provident fund systemN/AN/A
 FranceY Social assistanceY Social insurance systemY Mandatory occupational pension provisionY
  • Voluntary private collective pension provision
  • Voluntary private individual pension provision
 GeorgiaY Basic pensionN/AN/AN/A
 GermanyY Social assistanceY Social insurance systemY Voluntary occupational pension insuranceY Private pension schemes
 Hong KongY Basic pensionY Provident fund systemN/AN/A
 HungaryY Social assistanceY Private pension fundY Voluntary pension fundN/A
 IndiaY Social assistanceY Employees’ Provident FundY Voluntary pension insuranceY Individual private pension plans
 IrelandY Basic pensionY Social insurance system Pay Related Social InsuranceY Occupational pension schemesN/A
 ItalyY Social assistanceY Notional Defined ContributionsN/AN/A
 JapanN/AN/AN/AN/A
 JordanNoY Social insurance systemN/AN/A
 KazakhstanY Basic pensionY Mandatory individual accountsN/AN/A
 KenyaY Older Persons Cash TransferY Mandatory individual accountsNoN/A
 KyrgyzstanY Social assistanceY Notional Defined ContributionsNoN/A
 LatviaY Social assistanceY Notional Defined ContributionsY Mandatory individual accountsY Voluntary individual accounts
 LithuaniaY Social assistanceY Social insurance systemY Voluntary pension fundY Voluntary individual accounts
 LuxembourgNoY Social insurance systemY Mandatory occupational pension provisionY Voluntary pensions funds and endowment policy insurances with tax benefits
 MalawinoY Mandatory individual accountsN/AN/A
 MalaysiaY Social assistanceY Provident Fund System (KWSP) or Individual pension account (KWAP/LTAT)Y Provident Fund SystemY Voluntary individual accounts:
 MexicoY Social assistanceY Mandatory individual accountsN/AN/A
 MonacoNoY Social insurance systemNoN/A
 MongoliaY Social assistanceY Notional Defined ContributionsN/AN/A
 MoroccoNoY Social insurance systemN/AN/A
 MozambiqueY Social assistanceY Social insurance systemN/AN/A
 NamibiaY Social assistanceY Social insurance systemN/AN/A
   NepalY Social assistanceY Provident fund systemN/AN/A
 NetherlandsY Social assistanceY Social insurance systemY Private employee pensionsY Individual private pensions
 New ZealandY Basic pensionY Individual accountsN/AN/A
 NigeriaNoY Mandatory individual accountsNoN/A
 North KoreaN/AN/AN/AN/A
 NorwayY Basic pensionY Notional Defined ContributionsY Occupational pension schemesY Individual pensions
 OmanNoY Social insurance systemN/AN/A
 PakistanNoY Social insurance systemN/AN/A
 Papua New GuineaNoY Mandatory occupational retirement systemN/AN/A
 PhilippinesY Social assistanceY Social insurance systemN/AN/A
 PolandBasic pensions for mothers of four or more children from March 2019Y Notional Defined ContributionsY Voluntary Open Pension Funds (OFE)Y Voluntary individual accounts:
  • Occupational Pension Programs (PPE)
  • Individual Pension Accounts (IKE/IKZE)
  • Employee Capital Plans (PPK)
 PortugalY Social assistanceY Social insurance systemN/AN/A
 QatarNoY Social insurance systemN/AN/A
 RomaniaNoY Social insurance systemY Mandatory individual accountsY Voluntary individual accounts
 RussiaY Basic pensionY Social insurance systemY Mandatory pension fundsY Voluntary private pension funds
 RwandaNoY Social insurance systemN/AN/A
 Saudi ArabiaNoY Social insurance systemN/AN/A
 SenegalNoY Social insurance systemN/AN/A
 Sierra LeoneNoY Social insurance systemN/AN/A
 SingaporeY Social assistanceY Provident fund systemN/AN/A
 SlovakiaY Basic pensionY Social insurance systemY Voluntary individual accountsN/A
 SloveniaY Social assistanceY Social insurance systemN/AN/A
 Solomon IslandsNoY Provident fund systemN/AN/A
 South AfricaY Basic pensionN/AN/AN/A
 South KoreaY Social assistanceY Social insurance systemN/AN/A
 South SudanNoNoNoN/A
 SpainY Social assistanceY Social insurance systemN/AN/A
 Sri LankaNoY Provident fund systemY Supplementary fundN/A
 SudanNoY Social insurance systemN/AN/A
 SwedenY Basic pensionY Notional Defined ContributionsY Mandatory individual accountsN/A
  SwitzerlandN/AY Social insurance systemY Mandatory occupational pension systemY Voluntary pensions funds and endowment policy insurances with tax benefits
 SyriaN/AN/AN/AN/A
 TaiwanY Social assistanceY Social insurance systemY Mandatory individual accountsN/A
 TanzaniaNoY Social insurance systemN/AN/A
 ThailandY Social assistanceY Social insurance systemY Voluntary national savings fundN/A
 TurkeyY Social assistanceY Social insurance systemN/AN/A
 TurkmenistanY Social assistanceY Notional Defined ContributionsN/AN/A
 UgandaNoY Provident fund systemN/AN/A
 UkraineY Social assistanceY Social insurance systemY Mandatory state pension fundY Voluntary individual pensions
 United Arab EmiratesNoY Social insurance systemN/AN/A
 United KingdomY Basic pensionY Social insurance systemY Occupational schemesY Voluntary individual pensions:
  • Stakeholder pensions
  • Group personal pensions
  • Self-invested personal pensions
 United StatesY Social assistanceY Social insurance systemN/AN/A
 UruguayY Social assistanceY Social insurance systemY Mandatory individual accountsN/A
 UzbekistanY Social assistanceY Mandatory individual accountsN/AN/A
 VenezuelaY Social assistanceY Social insurance systemN/AN/A
 VietnamY Social assistanceY Social insurance systemN/AN/A
 ZambiaNoY Social insurance systemN/AN/A
 ZimbabweNoY Social insurance systemN/AN/A
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