Partnership in pensions: an assessment

Richard Disney
Carl Emmerson
Tanner, Tanner

Published on 1 March 1999

This commentary assesses the government's proposals. It provides a detailed description of the current pension system and asks whether there is a case for reform. It looks at how much pensioners are likely to benefit from the Minimum Income Guarantee and how the new State Second Pension compares with SERPS. It evaluates the government's plans for Stakeholder Pensions and presents new evidence on the employment, earnings and other savings of the people whom the government sees as targets for Stakeholder Pensions.

This commentary assesses the government's proposals. It provides a detailed description of the current pension system and asks whether there is a case for reform. It looks at how much pensioners are likely to benefit from the Minimum Income Guarantee and how the new State Second Pension compares with SERPS. It evaluates the government's plans for Stakeholder Pensions and presents new evidence on the employment, earnings and other savings of the people whom the government sees as targets for Stakeholder Pensions.

Authors

Carl Emmerson

Deputy Director

Carl, a Deputy Director, is an editor of the IFS Green Budget, is expert on the UK pension system and sits on the Social Security Advisory Committee.

Richard Disney

Research Associate University of Sussex

Richard is an IFS Research Associate, a Part-time Professor of Economics at the University of Sussex and a Visiting Professor of Economics at UCL.

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