This paper reviews the factors that should guide the design of private funded pensions to create a complete pension system alongside a notional defined contribution-or public-component. It argues that a mix of public and private pensions is the most effective option to deliver the best...

This report makes the case for a new review of the pension system in the UK. There are a number of key challenges facing future generations of pensioners that threaten their living standards in retirement and which, without policy action, mean many are likely to face substantial financial...

This article presents highlights of the December 1, 1999, policy forum on "The Future of Private Retirement Plans," sponsored by the Employee Benefit Research Institute Education and Research Fund (EBRI-ERF). Attended by more than 100 invited experts, the policy forum examined the history and...