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Home Research areas Savings, pensions and wealth State (public) pensions

State (public) pensions

State pensions and other benefits provided to pensioners have an important effect on individuals’ well-being in retirement, as well as providing significant incentives for individuals to change their labour supply and private saving behaviour throughout their lives.  Our work in this area has assessed the effect of past reforms to the system of state support for pensioners, looking at the effect on redistribution, fiscal sustainability of the system and the impact of reforms on individual incentives.

Highlights

IFS Working Paper W14/19
This paper studies the impact on employment over the period when the female state pension age rose to age 62.
Book chapter
Chapter 10 in 'Social insurance, informality, and labor markets: how to protect workers while creating good jobs', edited by Markus Frölich, David Kaplan, Carmen Pagés, Jamele Rigolini and David Robalino.

Contacts

Contact IFS on 020 7291 4800 or mailbox@ifs.org.uk

Rowena Crawford
Associate Director
Jonathan Cribb
Senior Research Economist