Sunday, June 15, 2008

Green Paper on Pensions

The Irish Government position on Pensions is set out in the following green paper that was released recently

http://www.pensionsgreenpaper.ie/publications_greenpaper.html

The document discusses, among other things; the demographic transition in Ireland, incentives for increasing pension cover, changing retirement policies, the role of pensions regulation, social welfare reform, defined benefit versus defined contribution pensions.

Its worth reading this document in line with Laibson's lectures and the recent literature on behavioural economics of savings and retirment. John McHale gave a lecture a number of years ago that is still worth reading on how pension policy in Ireland could be informed by behavioural economics

http://www.esri.ie/UserFiles/publications/20061205141407/JACB2005_McHale.pdf

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