Publications

Introducing explicit pension age changes as in the UK is not the end of the line (2014)

Aaron G Grech

Abstract

In December, the UK government announced that in future state pension age will rise in line with longevity. The author outlines the thinking underpinning this policy innovation and compares it with other approaches used internationally to address rising longevity. He concludes that while many different complex 'solutions' have been devised, their effectiveness will depend on economic behaviour changing significantly. This will require complementary policies, such as ensuring citizens understand their pension system and taking action to improve labour market participation at older ages and among women.

British Politics and Policy (2014), http://blogs.lse.ac.uk/politicsandpolicy/the-search-for-the-best-way-to-address-longevity-improvements-similar-challenges-different-responses/