Pension Systems : Beyond Mandatory Retirement - Elsa Fornero

Pension Systems : Beyond Mandatory Retirement

By: Elsa Fornero (Editor), Paolo Sestito (Editor)

Hardcover | 1 January 2005

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In most countries, the decision about when to retire is largely given over to the state, which fixes by law various eligibility requirements in terms of age, length of service, and a minimum benefit level. This book is devoted to the analysis of such public intervention in private lives, to its rationale and to the desirability of legislation aiming at a sizeable increase in retirement age in Europe and in the US. The book inquires whether mandatory retirement has not become an outdated feature of modern pension systems, and evaluates the impact of different arrangements on individual choices and on the general working of the economy. Suggestions and policy recommendations towards optimal retirement rules are also given.
Industry Reviews
'I recommend this book to all who are interested in European pension systems and ageing-of-the-population problems. The presentation is in a rather accessible non-technical style, so policy and opinion makers should also take notice.' -- Sybille Grob, De Economist

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