Ten Pensions choices for the 21st century: meeting the challenges of an ageing society
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Jane Falkingham
Abstract
This chapter discusses the challenges faced by policymakers at the start of the 21st century. These challenges have arisen from the economic, demographic, and policy legacy of the previous century. The discussion provides a number of criteria that are believed to be necessary for a sustainable and effective pension system. Using these criteria, it evaluates New Labour’s pension settlement for 1998. Finally, it considers an alternative option for pension provision.
Abstract
This chapter discusses the challenges faced by policymakers at the start of the 21st century. These challenges have arisen from the economic, demographic, and policy legacy of the previous century. The discussion provides a number of criteria that are believed to be necessary for a sustainable and effective pension system. Using these criteria, it evaluates New Labour’s pension settlement for 1998. Finally, it considers an alternative option for pension provision.
Chapters in this book
- Front Matter i
- Contents iii
- List of tables and figures iv
- Notes on contributors vi
- Introduction: the year in social policy 1
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UK social policy
- Thinking historically about integration 15
- Invest and reform: spending review 2002 and its control regime 31
- Who choosing what? The evolution of the use of ‘choice’ in the NHS, and its importance for New Labour 49
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International issues
- Globalisation/welfare: what’s the preposition? And, or, versus, with? 71
- Convergence in social welfare systems: what does it mean? 91
- Analysing the health transition: what the Greek case tells us about the social determinants of health 111
- Welfare reform in the United States: the first five years of TANF 123
- Social policy in the East Asian tiger economies: past, present and future 155
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In focus: Pensions and old age
- Adapting pension systems to labour market changes in western Europe 175
- Pensions choices for the 21st century: meeting the challenges of an ageing society 197
- The schlock and the new: risk, reflexivity and retirement 217
- Pension sharing on divorce: the future for women 239
- Index 263
Chapters in this book
- Front Matter i
- Contents iii
- List of tables and figures iv
- Notes on contributors vi
- Introduction: the year in social policy 1
-
UK social policy
- Thinking historically about integration 15
- Invest and reform: spending review 2002 and its control regime 31
- Who choosing what? The evolution of the use of ‘choice’ in the NHS, and its importance for New Labour 49
-
International issues
- Globalisation/welfare: what’s the preposition? And, or, versus, with? 71
- Convergence in social welfare systems: what does it mean? 91
- Analysing the health transition: what the Greek case tells us about the social determinants of health 111
- Welfare reform in the United States: the first five years of TANF 123
- Social policy in the East Asian tiger economies: past, present and future 155
-
In focus: Pensions and old age
- Adapting pension systems to labour market changes in western Europe 175
- Pensions choices for the 21st century: meeting the challenges of an ageing society 197
- The schlock and the new: risk, reflexivity and retirement 217
- Pension sharing on divorce: the future for women 239
- Index 263
