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The development of some characteristics for equitable national retirement income systems
Author(s) -
Knox David,
Cornish Roslyn
Publication year - 1999
Publication title -
international social security review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.349
H-Index - 28
eISSN - 1468-246X
pISSN - 0020-871X
DOI - 10.1111/1468-246x.00052
Subject(s) - equity (law) , measures of national income and output , economics , public economics , context (archaeology) , politics , national pension , labour economics , business , political science , finance , macroeconomics , geography , pension , archaeology , law
The objective of this paper is to establish and apply a set of characteristics or benchmarks for a nation’s total retirement income system to be considered equitable. It must be stressed that the suggested characteristics do not, by themselves, design a national retirement income system. Indeed, it is recognized that the political, historical, economic and cultural context of each country will always influence such designs. However, this paper will demonstrate that different designs of national retirement income systems are not equally effective when subjected to these equity criteria. Hence, in putting forward these characteristics, the aim is to develop clear distinctions between equitable and inequitable national retirement income systems.