The rapid aging of the world's populations has triggered an anxious response in many governments that stresses the need to set up or radically overhaul their mandatory pension policies. This wideranging analysis compares and contrasts the policies and schemes of these countries, using many tables, graphs and charts to summarize important findings.
Contents
1. Introduction; 2. Work and saving over the life cycle; 3. Saving for retirement; 4. Financial risks over the life cycle; 5. Retirement income streams; 6. Taxation of retirement saving; 7. Administrative costs and charges; 8. Conclusion. Appendix A1. Mandatory Retirement Saving in Australia. Annex A1. Chronology of retirement income policy in Australia. Appendix 2. International Comparisons of private mandatory retirement saving.
Review
"...an insightful discussion...the book is a comprehensive investigation of the provision of retirement income." Industrial and Labor Relations Review
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