Three Solutions to the Pensions Paradox
Abstract:Pension policy has always involved balancing the adequacy of benefits with their affordability. This balancing act has got harder as a result of the recent economic and financial crisis. It adds to the existing and much greater challenge to pension systems arising from population ageing. Despite these short‐term problems, it is important to remember that pensions are a long‐term issue.
Document Type: Review Article
Publication date: 2011-03-01