Pensions and Intra-generational Equity: A Proposed Solution

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Everyone contributes equally to government-run pension schemes, but not everyone will spend the same number of years in retirement – blue-collar workers, for instance, do not live as long as their white-collar counterparts. Rather than pooling the resources of a heterogeneous group of workers, this column proposes that each worker receive a lump sum at a certain age, which they can then give to an occupational pension fund better informed about the life expectancy of its own participants.
Original languageEnglish
Publication date21 Dec 2019
Place of PublicationLondon
PublisherCentre for Economic Policy Research
Publication statusPublished - 21 Dec 2019

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