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What are the prospects for the standard of living of retirees?
What are the prospects for the standard of living of retirees?
Pensioners are in a poor position to compensate for differences between the expected purchasing power of their pensions and what occurs in practice. It is often too late to change work and savings decisions they made earlier with a particular expectation of real retirement income. Unless protected by indexed pensions or annuities, older people’s consumption levels and relative standards of living can be disproportionately affected.
Report:
2Chomik.pdf 950.53 kB
Author:
Edward Whitehouse, Anna D’Addio, Rafal Chomik, Andrew Reilly, José Seisdedos
ISSA, 2009
Topics: Old age / Survivors
Events: Technical Seminar on Pensions
Regions: International
Language: English, French
ISSA, 2009
Topics: Old age / Survivors
Events: Technical Seminar on Pensions
Regions: International
Language: English, French
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