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Minimum pensions and safety nets in old age: a comparative analysis
- Authors:
- EVANS Martin, FALKINGHAM Jane
- Publisher:
- London School of Economics. Suntory-Toyota International Centre for Economics an
- Publication year:
- 1997
- Pagination:
- 58p.,tables,bibliog.
- Place of publication:
- London
Paper comparing the performance of public pensions in providing a minimum income in old age in six countries: Australia, Chile, Italy, Poland, Sweden and the UK. Uses hypothetical individual life histories to assess the impact of low pay, unemployment, part-time work, and absences from work to care for children on pension entitlement on reaching pensionable age in each country. The pensions from each national pension system are calculated according to their current rules for the whole duration of each hypothetical life history and the resulting pensions are evaluated using four relative standards.