This survey provides a detailed look at the laws and practices affecting the decumulation of assets from defined contribution plans in retirement systems around the world. This publication continues IPEBLA’s tradition of providing comparative legal insights across jurisdictions—an essential resource for navigating the complexities of private retirement arrangements globally.

The survey addresses key questions such as:

• Is any portion of retirement benefits legally required to be paid as a pension?

• What rules govern how pensions are paid—such as frequency, commutation, or annuity purchase?

• How are retirement benefits taxed?

• Are trustees required to provide disclosures or tools to help members understand their options?

This edition features contributions from:
Joris Beernaert (Belgium), Philip Bennett (U.K.), Ross Gascho (Canada), Izzy Goldowitz (U.S.), Michael Hayles (U.K.), Chantal Manson (South Africa), Paul Owens (Canada), Clive Pugh (U.K.), Tony Roda (U.S.), and Ruth Stringer (Australia).

The Survey on Retirement Incomes is designed for pension lawyers, regulators, actuaries, economists, accountants, human capital professionals, and anyone engaged in this evolving field. We welcome your feedback and invite your ideas as we continue to develop this resource.