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Retirement Decisions, Benefits and the Neutrality of Pension Systems, ENEPRI Research Reports No. 51, 8 April 2008

Gora, Marek. (2008) Retirement Decisions, Benefits and the Neutrality of Pension Systems, ENEPRI Research Reports No. 51, 8 April 2008.

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Abstract

This study discusses the pension system as an institutional structure for intergenerational exchange. The concept of intergenerational equilibrium is introduced as a condition for pension system stability, reducing labour market distortions as well as reaching social policy goals such as giving equal value to the welfare of each generation. The changing population structure has led to diminishing control of the division of GDP between the working and retired populations. The cost imposed on the working generations poses a growing risk of poverty among them and their families. The key feature of the pension system should be its neutrality. This report presents the main dimensions of the desired neutrality, exploring macro, individual, social and psychological neutrality.

Item Type:Other
Public Domain:No
Refereed:No
Status:Published
Authors, Individual:Gora, Marek.
Title:Retirement Decisions, Benefits and the Neutrality of Pension Systems, ENEPRI Research Reports No. 51, 8 April 2008
Language:English
Institution:The Centre for European Policy Studies
Journals and Series:Series > Centre for European Policy Studies (Brussels) > ENEPRI Research Reports
Number:51
Pages:13
Month:April
Year:2008
Subjects:EU policies and themes > Policies & related activities > employment/labour market > labour/labor
EU policies and themes > Policies & related activities > social policy > welfare state
ID Code:9450
Deposited By:Wilkin, Phil
Deposited On:16 April 2009