The varieties of pension governance. Pension privatization in Europe

"The ongoing privatization of pensions - the shift from state to private responsibility for old age retirement income - raises fundamental issues of social and participatory rights. The recent financial market crisis makes the problematic nature of funded private pensions that fall short of exp...

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Bibliographic Details
Main Author: Ebbinghaus, Bernhard
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: New York 2011
Oxford University Press
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19178913124919961959-The-varieties-of-pension-gover.htm
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author Ebbinghaus, Bernhard
author_facet Ebbinghaus, Bernhard
collection Library items
description "The ongoing privatization of pensions - the shift from state to private responsibility for old age retirement income - raises fundamental issues of social and participatory rights. The recent financial market crisis makes the problematic nature of funded private pensions that fall short of expected returns dramatically clear. What have been the experiences in developed multipillar systems? What can be learned for those pensions systems currently under reform? This edited book compares the varieties of pension governance in ten European countries. Contrasting the experience of developed multipillar systems such as Britain, Denmark, the Netherlands, and Switzerland with the recent shift toward private occupational and personal pensions in Belgium, France, Finland, Germany, Italy, and Sweden. The country chapters investigate how and why old age income responsibilities are being shifted to employers, unions, and individuals. They describe the changing public and private pension mix, and describe the particular features of the private occupational and personal pensions. In particular this book discusses four major questions: who is covered, what kind of benefits, who pays, and who governs? Three comparative analyses provide an additional value, describing the long-term institutional change from public to multipillar pension systems, the variations in regulation and governance of private pensions, and the consequences for income inequality in old age. This book combines the benefits of a reference work - ten up-to-date country studies of major pension systems in Europe - with three cross-national comparative empirical analyses that provide comprehensive information on important aspects of the reform development, societal governance, and social outcomes of pension systems. "
format TEXT
geographic EU countries
id 19178913124919961959_b8354e0a732d42a3bc35069734ba82c0
institution ETUI-European Trade Union Institute
is_hierarchy_id 19178913124919961959_b8354e0a732d42a3bc35069734ba82c0
is_hierarchy_title The varieties of pension governance. Pension privatization in Europe
language English
physical XXV, 440 p.
Paper
publishDate 2011
publisher New York
Oxford University Press
spellingShingle Ebbinghaus, Bernhard
governance
pension reform
pension scheme
private pension scheme
privatization
The varieties of pension governance. Pension privatization in Europe
title The varieties of pension governance. Pension privatization in Europe
topic governance
pension reform
pension scheme
private pension scheme
privatization
url https://www.labourline.org/KENTIKA-19178913124919961959-The-varieties-of-pension-gover.htm