Towards a New Pensions Settlement

The International Experience

Nonfiction, Social & Cultural Studies, Political Science, Politics, Social Services & Welfare, Government, Civics
Cover of the book Towards a New Pensions Settlement by Gregg McClymont, Andy Tarrant, Rowman & Littlefield International
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Author: Gregg McClymont, Andy Tarrant ISBN: 9781786607119
Publisher: Rowman & Littlefield International Publication: January 9, 2018
Imprint: Policy Network Language: English
Author: Gregg McClymont, Andy Tarrant
ISBN: 9781786607119
Publisher: Rowman & Littlefield International
Publication: January 9, 2018
Imprint: Policy Network
Language: English

In a world of ageing populations, and in the midst of a global shift from defined benefit (DB) to defined contribution (DC) pensions, the onus is increasingly on individuals rather than employers to bear the risks of retirement provision. This book weighs the experiences of eight nations across the Americas, Asia and Europe, who have in common early adoption of DC pensions, but very different experiences of mitigation of that risk by the state, either directly through the degree of generosity of the state pension or indirectly through regulation of private pension provision. As the UK (and the world) gears up for the age of DC pensions, different approaches to pension scheme design are examined. Best practice is always worth learning from and each chapter is written by an expert on their chosen pension system.

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In a world of ageing populations, and in the midst of a global shift from defined benefit (DB) to defined contribution (DC) pensions, the onus is increasingly on individuals rather than employers to bear the risks of retirement provision. This book weighs the experiences of eight nations across the Americas, Asia and Europe, who have in common early adoption of DC pensions, but very different experiences of mitigation of that risk by the state, either directly through the degree of generosity of the state pension or indirectly through regulation of private pension provision. As the UK (and the world) gears up for the age of DC pensions, different approaches to pension scheme design are examined. Best practice is always worth learning from and each chapter is written by an expert on their chosen pension system.

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