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Centre for Policy on Ageing | |
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Pensions: challenges and choices
— the first report of the Pensions Commission: appendices | | Author(s) | Adair Turner |
| Corporate Author | Pensions Commission |
| Publisher | The Stationery Office, London, 2004 |
| Pages | 212 pp |
| Source | TSO, PO Box 29, Norwich NR3 1GN. www.tso.co.uk/bookshop Also available at: http://www.pensionscommission.org.uk |
| Keywords | Pensions ; Supplementary pensions ; Private pensions ; Social policy ; Government publications. |
| Annotation | The Pensions Commission's remit is to keep under review the adequacy of private pension saving in the UK, by advising on appropriate policy changes, including the possible need to "move beyond the voluntary approach". This appendix volume presents detailed findings, firstly that current data sources are significantly deficient as a basis for some aspects of evidence-based policy-making. Appendix B considers differences and similarities between funded and unfunded pensions (the macroeconomic theory of pensions); the macro model of pension contributions and pensioner income is also described. International comparisons are made for OECD member countries on mandatory pension systems, the levels and adequacy of pensions, total resource transfers as a percentage of GDP, pension system reforms, and compulsory savings. Other areas covered are: rates of return before and after costs, tax and means-testing; an explanation of past and future trends in old-age dependency ratio; and a description of the UK state pension system. Details of the Commission's "Group Modelling" are provided, their purpose being to provide an initial indication of which groups of people are making inadequate private pension contributions to supplement what the state will provide. (RH). |
| Accession Number | CPA-041013003 B |
| Classmark | JJ: JJH: JK: TM2 6OA |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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