The British Home Stores pension scheme: privatised looting?

The presented study considers the susceptibility of gross domestic product (GDP) production to a shift in the number of the working-age population due to an increase in retirement age starting with 2019.Aim. The study aims to examine the quantitative assessments of GDP production in Russia with allowance for the changes in the number of the working-age population due to an increase in the actual retirement age.Tasks. The authors forecast the number of the working-age population with allowance for an increase in the retirement age; develop a model to establish a correlation between the number of the workingage population, investment in fixed capital, and GDP production; quantify the impact of the shift in the number of the working-age population on GDP production in Russia. Methods. This study is based on the results of modeling and long-term forecasting.Results. An economic-mathematical model to establish a correlation between the number of the working-age population, investment in fixed capital, and GDP production is presented. To specify the economic effects of a shift in the number of the working-age population due to an increase in the retirement age, Russia’s GDP production is forecasted for the “old” and “new” (increased retirement age) pension scheme. The forecast is provided for three variants of the number of the working-age population.Conclusions. It is found that with the “old” pension scheme with a lower retirement age GDP production across all three variants will decrease by 2036 compared to 2017. With regard to the “new” scheme that increases the retirement age, it is concluded that an increase in the retirement age is a factor that facilitates GDP production. However, its effect on economic growth will be insignificant.

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The Impacts of Demographic Changes on Pension Scheme and Capital Market Return

SSRN Electronic Journal ◽

10.2139/ssrn.2029650 ◽

2012 ◽

Author(s):

Tristan Nguyen ◽

Ralf Stuetzle

Keyword(s):

Capital Market ◽

Pension Scheme ◽

Demographic Changes ◽

Market Return

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Pension Scheme Designs: Can It Influence Timing of Retirement? The Case of the Public Service Pension Scheme in Uganda

SSRN Electronic Journal ◽

10.2139/ssrn.3380969 ◽

2019 ◽

Author(s):

Kibs Boaz Muhanguzi

Keyword(s):

Public Service ◽

Pension Scheme ◽

The Public

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Very Serious Books

10.1093/oso/9780190840860.003.0005 ◽

2018 ◽

Author(s):

Chris Forster

Keyword(s):

Social Change ◽

World War I ◽

Social Agency ◽

World War ◽

Home Office ◽

Women’S Sexuality ◽

Surplus Women ◽

British Home ◽

The Way ◽

The Well Of Loneliness

This chapter draws on the records of the British Home Office to reconsider the censorship of two novels by women in the late 1920s: Radclyffe Hall’s The Well of Loneliness and the Norah James’s less well-known Sleeveless Errand. It argues that the suppression of these novels was a function of the way they were positioned and received as “serious” works, capable of effecting social change. The chapter argues that specific circumstances in the late 1920s also shaped the perception of the novels. A perception that World War I had radically imbalanced the British population by creating two million "surplus women" created an context where representations of women's sexuality were perceived as especially dangerous. Hall’s representation in The Well of Loneliness of the book as a medium with authority and social agency made both novels seem especially dangerous in this context, and thus, in the eyes of the Home Office, worthy of suppression.

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The Place of Lump-Sum Benefits in Superannuation Schemes

Journal of the Staple Inn Actuarial Society ◽

10.1017/s0020269x00007064 ◽

1960 ◽

Vol 16 (01) ◽

pp. 3-22

Author(s):

P. R. Francis

Keyword(s):

Local Government ◽

Pension Scheme ◽

Government Service ◽

The Public ◽

Insurance Contracts ◽

Lump Sum ◽

Considerable Success ◽

Industry And Commerce

It has long been recognized by statute and by general consent that the main purpose of a pension scheme is the provision of annuities for employees on their retirement and for the dependants of employees who die either in service or after retirement. In recent years, however, the provision of lump-sum benefits in addition to annuities has become widespread; in national and local government service, and in some of the public boards, superannuation arrangements include the provision of lump sums on a substantial scale. In industry and commerce, the advantages of tax-free lump sums have been vigorously sold, with considerable success, by brokers specializing in pension-scheme business.The objects of this paper are to place such claims in perspective and to explain in broad terms the various methods by which lump-sum benefits may be provided. Reference will be made to insured and to privately administered schemes, but the detailed provisions of trust deeds and insurance contracts are not within the scope of this paper.

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