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Paying for pensioners
Author(s)John Groocock
Journal titleGenerations Review, vol 7, no 1, March 1997
Pagespp 9-12
KeywordsPensions ; Retired persons ; Public expenditure ; Taxation ; Social policy.
AnnotationThe author suggests that it would not be practicable for the main method of providing money to support pensioners to be changed from state taxation to private funding. It would also not be helpful to workers and carers in future because of the heavy burden it would place on them. Pay-as-you-go (PAYG) systems for providing pensions are much more flexible than funded private pension schemes, in dealing with the inherent unpredictability in the number of pensioners and of the state of the economy in the future. This article is a shortened version of a paper presented at the British Society of Gerontology Annual Conference on 20 September 1996.
Accession NumberCPA-970606003 A
ClassmarkJJ: BB6: WN8: WS: TM2

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