Introduction: Increasing Pension Costs and the Complexity of the State’s Role
Concerns have emerged about the increasing cost of pension schemes in a number of OECD countries in recent years. Such concerns are not new. In a comment on a book on Social Security in China Chen (1995) points out that a Government report on pensions for high Government officials concluded that:
“Because of the rising volume of retirement cases over the years, it is our recommendation that a one-third reduction in pension benefits be instituted at the earliest opportune time...”.
KeywordsPension System Pension Scheme Pension Benefit Public Sector Employee Occupational Pension
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