Download Retirement Income Security in the United Kingdom : Ores Working Paper Series Number 79

Download Retirement Income Security in the United Kingdom : Ores Working Paper Series Number 79

Retirement Income Security in the United Kingdom : Ores Working Paper Series Number 79 by Lillian Liu

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Author: Lillian Liu
Number of Pages: 74 pages
Published Date: 27 Jun 2013
Publisher: Bibliogov
Publication Country: United States
Language: English
Format: PDF
ISBN: 9781289066505
File size: 29 Mb
File Name: Retirement.Income.Security.in.the.United.Kingdom.Ores.Working.Paper.Series.Number.79.pdf
Download Link: Retirement Income Security in the United Kingdom Ores Working Paper Series Number 79
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This study examines the United Kingdom's retirement income security system from the American perspective. It addresses issues that most concern U.S. analysts: how the United Kingdom has kept its future public pension costs at a manageable level, the extent to which privatization of public pensions has contributed to these savings, the popular appeal of individual pension accounts, and the impact of privatization on retirement income. These issues are best understood in the context of the U.K. pension program's particular institutional structure and policies, two of which-"contracting out" of public pensions and strong reliance on means-tested benefits-have been largely rejected in the evolution of U.S. policy to date. Particular use is made of recently available data on coverage rates for public and private pension programs over the total working population and administrative records on inactive personal pension accounts.

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