Centre for Policy on Ageing



Recognising unpaid care in private pension schemes
Author(s)	Myra Hamilton, Cathy Thomson
Journal title	Social Policy and Society, vol 16, no 4, October 2017
Publisher	Cambridge University Press, October 2017
Pages	pp 517-534
Source	https://doi.org/10.1017/S1474746416000312
Keywords	Informal care ; Pensions ; Private pensions ; Retirement policy ; International.
Annotation	Parents and carers often have interrupted employment histories, causing gaps in their pension contributions and hence significantly lower retirement incomes. In some countries, to ameliorate these inequalities, carer credits have been introduced to maintain public pension contributions during periods of workforce absence. But improvements to credits in public schemes have taken place alongside a shift to private pensions that widens inequalities for carers. Introducing carer credits to private pensions is one method of addressing these inequalities. A search for examples of credits to private schemes in OECD countries revealed that, at present, they are rare and limited. This article sets out the design features and principles that should underpin carer credits to private pensions. (RH).
Accession Number	CPA-171006212 A
Classmark	P6: JJ: JK: G5: 72
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...from the Ageinfo database published by Centre for Policy on Ageing.