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- W3080291921 abstract "Old age pensions play a fundamental role in ensuring adequacy of income for the elderly into old age. While pensions fulfil a key social and economic role, there is increasing concern that pension systems in developed countries are not sustainable in the face of demographic ageing and following poor investment returns during the financial crisis. Drawing on trends in pension law and policy in the UK and Australia, this chapter commences with a discussion of how we might conceive of pensions from a theoretical perspective (part II), and considers the emerging challenges to established pension systems from the changing nature of work and social and demographic shifts (part III). The chapter argues that existing pension systems are not yet able to accommodate the changing nature of work, and puts forward normative criteria for evaluating and developing more appropriate pension systems for the modern workforce (part IV). It then maps emerging trends in pension reform (part V), and considers the tensions that are playing out in trying to navigate these normative criteria. Part VI concludes." @default.
- W3080291921 created "2020-09-01" @default.
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- W3080291921 date "2020-01-01" @default.
- W3080291921 modified "2023-09-24" @default.
- W3080291921 title "Pensions and the Modern Workforce" @default.
- W3080291921 doi "https://doi.org/10.5040/9781509922697.ch-014" @default.
- W3080291921 hasPublicationYear "2020" @default.
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