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Welfare Reform on the Web (December 2003): Pensions - UK

GREY-SKY THINKING

R. Choke

Public Finance, Oct.24th-30th 2003, p.22-23

There is widespread concern about the future of the old age pension system in the UK. This arises from:

  • population ageing;
  • a realisation that people do not save enough for their retirement;
  • the growing power of the grey vote.

Article contrasts Labour and Conservative policy on pensions.

WAYS AND MEANS

D. Willetts

Public Finance, Nov. 7th-13th 2003, p.32-33

Argues in favour of reducing older people's dependence on means-tested benefits by increasing the value of the basic state pensions. This could by dome by increasing the state pension in line with rises in earnings instead of prices, as now.

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