Pension reform in Britain (English)

This paper examines the evolution of the pension system in Britain. In particular, it focuses on the shift from pay-as-you-go, state-run defined-benefit pensions to individual, private-sector, funded defined-contribution accounts. It looks at three issues in this reform: the financing of the transition from pay-as-you-go to funded provision; the fiscal impact of voluntary switching and adverse selection; and the question of the degree to which personal...

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Author

Whitehouse,Edward R.;
Document Date
1998/06/01
Document Type
Working Paper (Numbered Series)
Report Number
20053
Volume No
1
Total Volume(s)
1
Country
United Kingdom,
Region
Europe and Central Asia,
Disclosure Date
2014/09/04
Disclosure Status
Disclosed
Doc Name
Pension reform in Britain
Keywords
basic income tax rate

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Citation

Whitehouse,Edward R..

Pension reform in Britain (English). Social protection discussion paper ; no. SP 9810 Washington, DC: World Bank Group. http://documents.worldbank.org/curated/en/270411468318268841

Pension reform in Britain (English)

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