About this book
This Palgrave Pivot provides a concise overview of pension systems which, whether paid by governments or by private companies, are the sole source of income for millions of people around the world. By 2050, two billion elderly people will have to be ensured some form of income while, at the same time, the prospect facing younger generations is of a gloomy future. This book breaks down the jargon, investigates different designs and analyses these designs' effects on financial sustainability, their adequacy when it comes to level and replacement rates, and their effects on intra- and inter-generational distribution. The author provides also an overview of the historical, demographic and political issues connected with the pension debate.
This book will be of interest to students and academics, and professionals involved in the pensions industry.
Pension systems old-age dependency ratio defined-contribution defined-benefit earnings-related pensions life-expectancy annuity divisors Notional Defined Contribution (NDC) schemes pension benefits vintage pensions pension annuity
- Book Title Essentials of Pension Economics
- DOI https://doi.org/10.1007/978-3-030-26496-3
- Copyright Information The Editor(s) (if applicable) and The Author(s) 2019
- Publisher Name Palgrave Pivot, Cham
- eBook Packages Economics and Finance Economics and Finance (R0)
- Hardcover ISBN 978-3-030-26495-6
- Softcover ISBN 978-3-030-26498-7
- eBook ISBN 978-3-030-26496-3
- Edition Number 1
- Number of Pages XIII, 127
- Number of Illustrations 6 b/w illustrations, 12 illustrations in colour
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