Buch, Englisch, 268 Seiten, Format (B × H): 152 mm x 229 mm, Gewicht: 443 g
Mandating Private Retirement Incomes
Buch, Englisch, 268 Seiten, Format (B × H): 152 mm x 229 mm, Gewicht: 443 g
ISBN: 978-0-521-48471-8
Verlag: Cambridge University Press
Forced Saving offers an analysis of pension policy from an economic perspective. It begins with an overview of the problem of population ageing around the world, and then provides a framework within which policy responses may be consistently assessed. It focuses on the 'mandating' approach to retirement income policy, in which governments are compelling individuals - or their employers - to take on this responsibility, at least in part. The role of government becomes limited to one of mandating contributions from wages, along with regulating private fund managers to a greater or lesser extent. The authors explore the implications of introducing such a policy reform. They argue that while there is no universal agreement on the relative costs and benefits of this policy approach, there are often some advantages to moving at least some distance down the mandating path.
Autoren/Hrsg.
Weitere Infos & Material
1. Introduction; 2. Work and saving over the life cycle; 3. Saving for retirement; 4. Financial risks over the life cycle; 5. Retirement income streams; 6. Taxation of retirement saving; 7. Administrative costs and charges; 8. Conclusion. Appendix A1. Mandatory Retirement Saving in Australia. Annex A1. Chronology of retirement income policy in Australia. Appendix 2. International Comparisons of private mandatory retirement saving.
