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Pension Systems - Beyond Mandatory Retirement (Hardcover, illustrated edition)
Loot Price: R3,292
Discovery Miles 32 920
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Pension Systems - Beyond Mandatory Retirement (Hardcover, illustrated edition)
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Pension Systems enters into the current lively debate on European
pensions. The focus of the book is the analysis of public
intervention in individuals' retirement choice, its rationale and
the desirability of legislation introducing a sizeable and
compulsory increase in retirement age, to face the prospects of
swift population ageing. The book assesses the impact of different
retirement rules on individual decisions, on the sustainability of
social security systems and on labour market dynamics, and inquires
whether mandatory retirement has not become an outdated feature of
modern pension systems. The motivations behind public intervention
in fixing compulsory retirement rules as well as the likely
consequences of allowing the individual a higher responsibility in
retirement choices are analysed. These issues are examined both
theoretically and empirically and through a focus on
country-specific patterns of retirement and on policy issues
relevant at the European level. The impact of later retirement on
the labour market is also investigated, considering the role of
retirement rules in increasing employment. This comprehensive and
topical book will appeal to academics and scholars of public
finance as well as pensions experts and organisations.
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