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Welfare Systems and Adequacy of Pension Benefits in Europe

Published online by Cambridge University Press:  06 December 2011

Orla Gough
Affiliation:
Finance and Business Law Department, University of Westminster E-mail: gougho@wmin.ac.uk
Roberta Adami
Affiliation:
Finance and Business Law Department, University of Westminster E-mail: r.adami@wmin.ac.uk

Abstract

During the post-war years many European countries have implemented far-reaching but diverse pension systems with the objective of providing those in retirement with adequate incomes. In this study, we explore the link between pension systems and the adequacy of retirement income. We analyse the mix of public and private pensions and consider the impact of different policies on poverty rates amongst pensioners. We suggest that only a few European countries have been successful in providing combinations of private and public pensions that improve the adequacy of retirement income.

Type
Articles
Copyright
Copyright © Cambridge University Press 2011

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