Partnership Savings

Julian Le Grand

in Motivation, Agency, and Public Policy

Published in print September 2003 | ISBN: 9780199266999
Published online April 2004 | e-ISBN: 9780191600869 | DOI:
Partnership Savings

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Discusses an idea of which the author was an initiator: ‘partnership’ matching grants to encourage savings for pensions and long‐term care. It argues that current systems for encouraging individuals to save for their old age or for long‐term care, such as tax relief on pensions contributions, are regressive and opaque. They should be replaced by a more progressive, transparent system whereby the government directly matches contributions made by individuals.

Keywords: long‐term care; matching grants; pensions; tax relief

Chapter.  4854 words. 

Subjects: Public Economics

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