Chapter

Towards a social democratic pension system? Assessing the significance of the 2007 and 2008 Pensions Acts<sup>1</sup>

Bridgen Paul

in Social policy review 22

Published by Policy Press

Published in print July 2010 | ISBN: 9781847427113
Published online March 2012 | e-ISBN: 9781447303497 | DOI: http://dx.doi.org/10.1332/policypress/9781847427113.003.0005
Towards a social democratic pension system? Assessing the significance of the 2007 and 2008 Pensions Acts1

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This chapter considers Labour's difficulties in dealing with what has become an important but rather intractable problem — that of pensions. It discusses the problems that Labour inherited in this area in 1997, with increased poverty rates resulting from low state provision of pensions, women disproportionately represented among the older poor and much of the growth in inequality indexes coming from the growth in occupational pensions. It considers whether pensions reforms have made the subsequent system more social democratic. It considers entitlement, the public/private mix and benefit levels before coming to the conclusion that the 2007 and 2008 reforms represent a new direction for policy, but notes the lack of clarity as to whether these reforms will develop should there be a change of government. It questions whether employer opposition to some of Labour's ideas might represent a significant test of the social policy credentials of David Cameron's Conservative Party.

Keywords: pensions; Labour; poverty; inequality; occupational pensions; social democratic; David Cameron

Chapter.  9709 words. 

Subjects: Social Research and Statistics

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