Pensions - public sector vs private sector
Recommend on Google+
On the day of the biggest public sector strikes for many years, and the day after George Osborne’s statement of the depressing prospects for the economy, those students with extra time on their hands might be interested to read this article which compares public and private sector pensions.
There is probably no dispute over the need to avoid ‘pensioner poverty’ as our life expectancy grows towards 100, and so the article makes no reference to the fact that most pensioners will be able to receive payouts for much longer than was envisaged when they first started working, because that effect is equal in both sectors. It also doesn’t explicitly cover the effect of guaranteed index-linking of payouts, which is just one of many factors which makes the comparison between the two sectors so difficult. What do students think they would do if they were in government?
blog comments powered by Disqus
Unit 1 Micro: Revision on Maximum Rents in Housing [1 Apr 2012]
Intergenerational Equity - Fairness and the Slump [28 Mar 2012]
Economics at the Movies: Contagion [24 Oct 2011]
Public vs Private Sector - the world’s largest employers. [12 Sep 2011]
Labour Market: Days lost through industrial disputes [23 May 2011]
Timetric: Public Sector Employment [9 Mar 2011]
Fiscal austerity: Next stop: Pensions [14 Oct 2010]
Green Becomes ‘waste czar?’ [11 Oct 2010]
Fiscal Austerity - Businesses in the Firing Line [10 Aug 2010]
Assorted Links (27 Jan 2010): Focus on poverty and inequality [27 Jan 2010]
New figures show extent of wealth inequality in the UK [11 Dec 2009]
Nationalisation - Teacher Presentation [17 Nov 2009]
Public debt and intergenerational equity [21 Oct 2009]
Swine flu vaccines and elasticity of supply [7 Oct 2009]
Demographic change - the rise of the ‘oldest old’ [3 Oct 2009]
Cities dependent on the public sector [16 Jul 2009]
Questions in Behavioural Economics - Saving More for Tomorrow [23 Jun 2009]
Q&A: Size of State Sector and Automatic Stabilisers [2 Jun 2009]
Revision: Wage Cuts in a Recession [14 May 2009]
Is this how EU grants should be allocated? [17 Feb 2009]
Sunset for the Rock [17 Feb 2008]
ECONOMICS TEACHER RESOURCE NEWSLETTER
Join over 6,000 other Economics Teachers in the UK and around the world who receive the tutor2u regular Economics Resource Email Newsletter. Get special offers, first news of latest resources, teaching ideas, conferences and workshops + loads of great ideas for teaching economics from our blog authors.
