Please use this identifier to cite or link to this item:
|Title:||Pension provision, lifetime financial sustainability, care and dignity in old age: legal and economic issues|
|Keywords:||Pensions;Pension regulation;demographic change;risk bearing|
|Publisher:||Edward Elgar Publishing|
|Citation:||The Home Multidisciplinary Reflections, 2018, pp. 144 - 160|
|Abstract:||The legal, policy and economic issues associated with pension provision, lifetime financial sustainability, and particularly care and dignity in old age and their implications for home life are fundamental challenges for the future of our society. Pension provision is in crisis and this paper highlights the crucial policy choices and regulatory challenges that this entails. The analysis also highlights the importance of the ‘nuclear family’ and the ‘extended family’ in the provision of care, from child care to old age care and the consideration that the home, supported by the wider society, is the natural environment in which such provision ought to take place. In this context, an adequate legal and regulatory framework for pensions needs to balance a number of competing interests, given the implications in terms of intergenerational debt within the national “family” of the financing of care and income in old age, the need for financial sustainability over a lifetime and the broader social justice considerations that are at stake in the design of schemes that provide adequate care and income in old age in a market economy.|
|Appears in Collections:||Dept of Economics and Finance Research Papers|
Items in BURA are protected by copyright, with all rights reserved, unless otherwise indicated.