Sharpening the Teeth of EU Social Fundamental Rights? The Case of State Pension Age in the UK

2019 ◽  
Author(s):  
Hans Van Meerten
Keyword(s):  
Fundamental Rights ◽  
Pension Age ◽  
The Uk ◽  
State Pension

Gender perspectives on extended working life policies

2017 ◽  
Author(s):  
Áine Ní Léime ◽  
Wendy Loretto
Keyword(s):  
Working Life ◽  
Defined Contribution ◽  
Population Policies ◽  
Flexible Working ◽  
Working Set ◽  
The Individual ◽  
Pension Age ◽  
Pension Contribution ◽  
The Uk ◽  
State Pension

This chapter documents international policy developments and provides a gender critique of retirement, employment and pension policies in Australia, Ireland, Germany, Portugal, Sweden, the UK, and the US. It assesses the degree to which the individual country's extended working life policies have adopted the agenda (increasing pension age and introducing flexible working) set out by the OECD and the EU. Policies include raising state pension age, changes in the duration of pension contribution requirements, the move from defined benefits to defined contribution pensions, policies on caring for vulnerable members of the population, policies enabling flexible working and anti-age discrimination measures. An expanded framework is used to assess the degree to which gender and other intersecting issues such as health, caring, class, type of occupation and/or membership of minority communities have (or have not) been taken into account in designing and implementing policies extending working life.

scholarly journals The Office for National Statistics Longitudinal Study

2019 ◽  
Vol 4 (3) ◽  
Author(s):  
Alison Sizer ◽  
Oliver Duke-Williams
Keyword(s):  
Longitudinal Study ◽  
Census Data ◽  
Sampling Bias ◽  
Large Sample Size ◽  
England And Wales ◽  
Large Sample ◽  
Small Areas ◽  
Pension Age ◽  
The Uk ◽  
State Pension

Background and Rationale The ONS Longitudinal Study (‘the LS’) covers England and Wales and includes individual data from the 1971 – 2011 decennial censuses and linked information on births, deaths and cancer registrations. It is representative of the population of England and Wales. Aim This presentation describes the LS and the linked administrative data, and showcases recent/ prominent examples of research. Methods and Approach The LS is built around samples drawn from decennial censuses, with its initial sample drawn from the 1971 Census. It also contains information about other people living in a sample-member’s household. Substantial emphasis is placed on security of access to the data and its responsible use. All research outputs are checked and are only released to users once disclosure control requirements are met. Linkage of study members from one census to another and vital events is carried out by ONS. Results The LS has been used for a variety of research. Using linked census and death records occupational differences in mortality rates have been researched. Individual records from all five censuses have been used to contribute to research social mobility, and research has also investigated the effects of long-term exposure to air pollution. Research has provided evidence of impact for social policy issues, e.g. health inequalities and the State Pension Age Review. Discussion The main strength of the LS is its large sample size (>1 million), making it the largest nationally representative longitudinal dataset in the UK. This allows analysis of small areas and specific population groups. Sampling bias is almost nil, and response rates are very high relative to other cohort and panel studies. Conclusion The ONS Longitudinal Study is a vital UK research asset, providing access to a large sample of census data linked across five censuses. It is strengthened through linkage to events data.

scholarly journals National and local labour force projections for the UK

2017 ◽  
Vol 32 (2) ◽  
pp. 129-149
Author(s):  
Ludi Simpson
Keyword(s):  
Economic Activity ◽  
Labour Force ◽  
Policy Research ◽  
Local Planning ◽  
Local Labour ◽  
Starting Point ◽  
Pension Age ◽  
The Uk ◽  
State Pension ◽  
The Impact

Labour force forecasts are required by local planning, legally guided in the UK by regulations on land use. Methods of forecasting the labour force, and data available for UK practice, are reviewed here. A best strategy for sub-national forecasts of the labour supply is found empirically to involve an accurate national forecast with a local starting point. Key trends are the decreasing economic activity of young adults, the increasing activity of older adults and the impact of changing state pension age. However, there exists neither an acceptable national forecast of economic activity nor a standard approach to local forecasts. Software for implementation of sub-national forecasts is described, and six types of scenarios are listed to aid local planning, which reflect uncertainty about current trends and the impact of changes in policy. Research and development of forecasting the national and the local labour force is urgently needed.

The UK Economy

2011 ◽  
Vol 215 ◽  
pp. F3-F3
Keyword(s):  
Oil Prices ◽  
The State ◽  
Disposable Income ◽  
List Type ◽  
Sharp Rise ◽  
Price Inflation ◽  
Pension Age ◽  
The Uk ◽  
State Pension

•The economy will grow by only 1.5 per cent in 2011 and 1.8 per cent in 2012.•Consumer price inflation will be 3.8 per cent this year but fall to 1.8 per cent in 2012.•The sharp rise in oil prices will raise inflation by over ½ percentage point in 2011.•Growth over the next two years will come mainly from net trade.•Real disposable income will fall for the second successive year, by 0.8 per cent in 2011.•There is a case for delaying some of the austerity programme but accelerating planned increases in the state pension age.

UK pension changes in 2015: some mathematical considerations

2016 ◽  
Vol 100 (548) ◽  
pp. 193-202 ◽  
Author(s):  
John Stubbs ◽  
Jacob Adetunji
Keyword(s):  
Arbitrary Number ◽  
The State ◽  
Defined Benefit ◽  
Defined Contribution ◽  
Bank Account ◽  
Legal Requirement ◽  
Pension Age ◽  
The Uk ◽  
State Pension ◽  
Special Case

Since April 2015 there has been no legal requirement in the UK to purchase an annuity with pension savings [1] while for those who reach state pension age on or after 6th April 2016 the UK Government changed the state pension deferral arrangements [2]. The latter refers to an arrangement whereby a pensioner can receive an enhanced state pension by deferring its uptake for an arbitrary number of years. These two changes raise certain questions for prospective pensioners which are worthy of some mathematical consideration.An annuity is a guaranteed income for life in exchange for a certain sum of money: the pension pot. An alternative to the annuity since April 2015 is a ‘draw down scheme’ in which the pension pot can be used almost like an ordinary bank account and money periodically withdrawn. These two choices arise from ‘defined contribution’ pension arrangements. By contrast ‘defined benefit’ work-based (company) pensions allow no such choice and are not considered further here apart from the special case of the UK state pension. With an annuity a further option to consider, and one which predates the 2015 changes, is whether to take payments that are fixed or index-linked to inflation. Only the UK state pension offers a late retirement enhanced pension if its uptake is deferred.

The United Kingdom – a new moral imperative: live longer, work longer

2017 ◽  
Author(s):  
Sarah Vickerstaff ◽  
Wendy Loretto
Keyword(s):  
Government Policy ◽  
Older Workers ◽  
Individual Responsibility ◽  
The United Kingdom ◽  
Job Opportunities ◽  
Family Demands ◽  
The Individual ◽  
Pension Age ◽  
The Uk ◽  
State Pension

The drift of government policy affecting older workers in the UK has been focused on encouraging individual responsibility for working longer and saving more, often with an idealised 'adult worker' in mind; an individual devoid of family context and family demands and accumulated advantages or disadvantages. As a result the policies have a differential impact on women and men and diverse incomes groups and are likely to lead to greater inequality between older workers. The focus on the individual (the supply side in the labour market) also takes emphasis away from the problem of demand: whether employers want to retain or recruit older workers. There is an increasingly strong moral assertion that to live longer should mean to work longer, but research demonstrates that those most likely to be unemployed before state pension age are out of work because of lack of job opportunities, poor health or caring responsibilities.

Vergrijzing in Nederland: argumenten voor een betere balans in het debat

2006 ◽  
Vol 22 (2) ◽  
Author(s):  
Wiemer Salverda
Keyword(s):  
Life Expectancy ◽  
The Netherlands ◽  
Strong Focus ◽  
Labour Participation ◽  
Part Time ◽  
Lifetime Earnings ◽  
Low Educated ◽  
Pension Age ◽  
The Uk ◽  
State Pension

Ageing in the Netherlands: demographic and financial arguments to balance the debate Ageing in the Netherlands: demographic and financial arguments to balance the debate The Dutch debate on ageing ignores that on a cohort basis it is a very limited problem as is, therefore, the financing of occupational pensions. Data taken from the Income Panel Survey show that the financing of the basic state pension AOW over the coming decades is not a major problem that cannot be solved by the increasing labour participation that may plausibly be expected. Because of a strong focus on public finance Dutch policymaking tends to overlook important inequalities in the ageing process as well as the important cost disadvantage of private pension funding compared with collective schemes – two aspects which, by contrast, are central to the UK pension debate. One important inequality concerns (healthy) life expectancy of the low educated; it should be accounted for when discussing a (shift of the) uniform pension age. Future poverty of retired women because of low lifetime earnings from part-time labour is another problem that should be discussed and prevented. Finally, the fact that average Dutch life expectancy lags behind internationally deserves more attention.

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