| |
| |
| |
Centre for Policy on Ageing | |
 | |
|
Transition trade-offs: options for state pension reform
— a discussion paper | | Author(s) | Chris Curry, Adam Steventon |
| Corporate Author | Pensions Policy Institute - PPI |
| Publisher | Pensions Policy Institute - PPI, London, May 2006 |
| Pages | 65 pp |
| Source | Pensions Policy Institute, King's College, 4th Floor, Waterloo Bridge Wing, Franklin Wilkins Building, Waterloo Road, London SE1 9NN. E-mail: info@pensionspolicyinstitute.org.uk Website link to item:
http://www.pensionspolicyinstitute.org.uk/news.asp... |
| Keywords | Pensions ; Social policy. |
| Annotation | Eight alternative state pension reform options that make different trade-offs to those made by the Pensions Commission are analysed in detail, and are evaluated against the Government's five tests for state pension reform. The alternatives discussed are first, earnings or price uprating: should pensions be increased in line with growth in average earnings, or increased line with the growth in prices (as is now the case)? Second, should entitlement be based on residency or on the existing National Insurance (NI) contributory pensions criteria? Third, one or two tiers: should the reformed system be based on a single pension, or the existing structure of the two-tier pension system? Fourth, slow or fast transition: should the final system be in place in the near future, or should it be allowed to evolve gradually over a long period of time? A final chapter examines the barriers the Pensions Commission perceived to a simpler solution. Appendices include quantitative analysis of the effect of different reform options using economic modelling; and a paper on the impact of setting a single-tier pension at a lower rate for individuals in couples. (RH). |
| Accession Number | CPA-060727001 B |
| Classmark | JJ: TM2 |
Data © Centre for Policy on Ageing |
|
| ...from the Ageinfo database published by Centre for Policy on Ageing. |
| |
|
|