Centre for Policy on Ageing
 

 

We can afford the welfare state
Author(s)Barbara Castle, Peter Townsend
Corporate AuthorSecurity in Retirement for Everyone
PublisherSecurity in retirement for everyone, London, 1996
Pages41 pp
SourceSecurity in retirement for everyone, 27-29 Amwell Street, London EC1R 1UN.
KeywordsPensions ; Social policy ; Practical politics.
AnnotationThe authors exhort the Labour Party to ensure that the state basic pension is resurrected as the foundation of security in old age for everyone, and that SERPS (State Earnings Related Pensions Scheme) must be restored as an adequate second pension. Funded schemes depend on the state of the market, in which no rate of pension entitlement can be guaranteed. Most European countries rely on a PAYG (pay-as-you-go) system, which can offer a comprehensive pension guarantee.
Accession NumberCPA-970114210 P
ClassmarkJJ: TM2: VL *

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