1、 2023 WTW.Proprietary and confidential.For WTW and WTW client use only.International Pension Plan Survey 2023February International Pension Plans(IPPs)or International Savings Plans(ISPs)are vehicles often used by multinational employers to provide retirement and/or savings facilities for employees

2、unable to be retained in(home)country arrangements or for whom a more traditional(host)local solution is not appropriate or available.In the last 15 years,the IPP survey has evolved extensively,with a significantly increasing volume of plans surveyed from 60 plans in 2008 to 1,023 plans in 2023.As c

3、an be seen in the table below,there has been a clear shift from Defined Benefit(DB)to Defined Contribution(DC)plans to date,with average employee contribution rates remaining fairly consistent and employer contribution rates increasing slightly in the more recent years.Eligibility is no longer large

4、ly limited to expatriate populations,but extends to executive groups,locals in countries facing economic challenges,populations in countries where local plans do not exist or are of poor value or perhaps are not offered to foreigners.It has also become a“catch-all”solution for various other scenario

5、s,as described in the Case Study at the end of this report.2 2023 WTW.Proprietary and confidential.For WTW and WTW client use only.Welcome to the 15th edition of the annual WTW International Pension Plan(IPP)SurveyThis report summarises the results of the 2023 IPP Survey,conducted by WTW in Q3 and Q

6、4 in 2022,analysing plan design elements and membership criteria.Despite the change in the report format this year,the survey questions are largely consistent with prior years for continuity and comparability purposes.As in prior years,the membership criteria(plan size and location),plan design(DC,D