Life-Expectancy Risk and Pensions: Who Bears the Burden?
Two-thirds of pension reforms in OECD countries in the last 15 years contain measures that will automatically link future pensions to changes in life expectancy. This quiet revolution in pension policy means that the financial costs of longer lives will be shared between generations subject to a rul...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2007
|
| Series: | OECD Social, Employment and Migration Working Papers
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | Two-thirds of pension reforms in OECD countries in the last 15 years contain measures that will automatically link future pensions to changes in life expectancy. This quiet revolution in pension policy means that the financial costs of longer lives will be shared between generations subject to a rule, rather than spreading the burden through potentially divisive political battles as happened in the past. As a result, nearly half of OECD countries - 13 out of 30 - now have an automatic link between pensions and life expectancy in their retirement-income systems, compared with only one country (Denmark) a decade ago. Indeed, the spread of this policy has a strong claim as the major innovation in pension policy in recent years. The link to life expectancy has been achieved in four different ways... |
| Physical Description: | 1 Online-Ressource (46 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/060025254440 |
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| spelling | Whitehouse, Edward Verfasser aut Life-Expectancy Risk and Pensions Who Bears the Burden? Edward Whitehouse Paris OECD Publishing 2007 1 Online-Ressource (46 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Social, Employment and Migration Working Papers Two-thirds of pension reforms in OECD countries in the last 15 years contain measures that will automatically link future pensions to changes in life expectancy. This quiet revolution in pension policy means that the financial costs of longer lives will be shared between generations subject to a rule, rather than spreading the burden through potentially divisive political battles as happened in the past. As a result, nearly half of OECD countries - 13 out of 30 - now have an automatic link between pensions and life expectancy in their retirement-income systems, compared with only one country (Denmark) a decade ago. Indeed, the spread of this policy has a strong claim as the major innovation in pension policy in recent years. The link to life expectancy has been achieved in four different ways... Social Issues/Migration/Health https://doi.org/10.1787/060025254440 Verlag kostenfrei Volltext |
| spellingShingle | Whitehouse, Edward Life-Expectancy Risk and Pensions Who Bears the Burden? Social Issues/Migration/Health |
| title | Life-Expectancy Risk and Pensions Who Bears the Burden? |
| title_auth | Life-Expectancy Risk and Pensions Who Bears the Burden? |
| title_exact_search | Life-Expectancy Risk and Pensions Who Bears the Burden? |
| title_exact_search_txtP | Life-Expectancy Risk and Pensions Who Bears the Burden? |
| title_full | Life-Expectancy Risk and Pensions Who Bears the Burden? Edward Whitehouse |
| title_fullStr | Life-Expectancy Risk and Pensions Who Bears the Burden? Edward Whitehouse |
| title_full_unstemmed | Life-Expectancy Risk and Pensions Who Bears the Burden? Edward Whitehouse |
| title_short | Life-Expectancy Risk and Pensions |
| title_sort | life expectancy risk and pensions who bears the burden |
| title_sub | Who Bears the Burden? |
| topic | Social Issues/Migration/Health |
| topic_facet | Social Issues/Migration/Health |
| url | https://doi.org/10.1787/060025254440 |
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