Pensions and Intra-generational Equity: A Proposed Solution

Svend E. Hougaard Jensen; Gylfi  Zoega

Pensions and Intra-generational Equity: A Proposed Solution

Department of Economics

Research output: Other contribution › Net publication - Internet publication › Communication

Abstract

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 language	English
Publication date	21 Dec 2019
Place of Publication	London
Publisher	Centre for Economic Policy Research
Publication status	Published - 21 Dec 2019

Cite this

Hougaard Jensen, S. E., & Zoega, G. (2019, Dec 21). Pensions and Intra-generational Equity: A Proposed Solution. London: Centre for Economic Policy Research.

@misc{51f17df5ba8049d6b2651e699d02b758,

title = "Pensions and Intra-generational Equity: A Proposed Solution",

abstract = "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.",

author = "{Hougaard Jensen}, {Svend E.} and Gylfi Zoega",

year = "2019",

month = "12",

day = "21",

language = "English",

publisher = "Centre for Economic Policy Research",

address = "United Kingdom",

type = "Other",

}

TY - ICOMM

T1 - Pensions and Intra-generational Equity

T2 - A Proposed Solution

AU - Hougaard Jensen, Svend E.

AU - Zoega, Gylfi

PY - 2019/12/21

Y1 - 2019/12/21

N2 - 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.

AB - 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.

M3 - Net publication - Internet publication

PB - Centre for Economic Policy Research

CY - London

ER -

Access to Document

https://voxeu.org/article/pensions-and-intra-generational-equityLicence: Unspecified