Individual choice of pension arrangement as a pension reform strategy

Arbeitspapier

The paper examines social security (public pension) reforms in which the programme is partially shifted from a public unfunded basis to a private, prefunded, basis. It focuses on reforms where individuals have a choice in switching from public funded to private unfunded programmes (as in the ѣontracting outҍ scheme in the UK), or where some individuals are forced to join the funded scheme, or reforms which combine both these options. The welfare consequences of such reform strategies are analysed both from an individual and a macroeconomic perspective. The paper also examines whether individuals respond Ѳationally' to the incentives inherent in such programmes.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IFS Working Papers ; No. W99/18

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Pension Funds; Non-bank Financial Institutions; Financial Instruments; Institutional Investors ; National Government Expenditures and Welfare Programs ; Demographic Trends, Macroeconomic Effects, and Forecasts

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Disney, Richard ; Palacios, Robert ; Whitehouse, Edward
• Ereignis: Veröffentlichung
• (wer): Institute for Fiscal Studies (IFS)
• (wo): London
• (wann): 1999

Weitere Informationen

• DOI: doi:10.1920/wp.ifs.1999.9918
• Handle: http://hdl.handle.net/10419/90869
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ