Briefing Note (BN130)

Pensioners and the tax and benefit system

Date: 26 June 2012
DOI: 10.1920/bn.ifs.2012.00130

This paper was commissioned by the Nuffield Foundation to aid discussion about ways in which the proposals produced by the Dilnot Commission on the Funding of Care and Support could be funded. These proposals would provide a greater degree of insurance against the costs of residential care, which would tend to be welfare-improving as individuals tend to be risk-averse. They also strengthen incentives to save for retirement.