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Pension reform and economic performance in Britain in the 1980s and 1990s
Author(s)Richard Disney, Carl Emmerson, Sarah Smith
Corporate AuthorNational Bureau of Economic Research (United States)
PublisherNational Bureau of Economic Research, Cambridge, MA, March 2003
Pages49 pp (NBER Working paper 9556)
SourceNational Bureau of Economic Research, 1650 Massachusetts Avenue, Cambridge, MA 02138, United States. Download: http://www.nber.org/papers/w9556
KeywordsPensions ; Social policy ; Economics.
AnnotationThe late 1980s saw a major shift in pension provision in the UK, when for the first time individuals were permitted to opt out of part of the social security programme into individual retirement savings accounts (personal pensions). At the same time, membership of company-provided pension plans (occupational schemes) was made voluntary. This paper explores the possible impact of these and other related changes in social security in the 1980s and 1990s in the UK on household saving rates, on current and future public finances, on retirement, and on the job mobility of individuals covered by company pension plans. (RH).
Accession NumberCPA-050214002 E
ClassmarkJJ: TM2: W

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