Chapter

The United Kingdom

David Blake

in Social Security Pension Reform in Europe

Published by University of Chicago Press

Published in print January 2002 | ISBN: 9780226241081
Published online February 2013 | e-ISBN: 9780226241913 | DOI: http://dx.doi.org/10.7208/chicago/9780226241913.003.0012
The United Kingdom

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This chapter reviews the current system of pension provision in the United Kingdom. It analyzes defects in the Thatcher–Major governments' reforms that led to the present system, examines and assesses the reforms of the Blair government, and then identifies the problems that remain unresolved and how those problems might be addressed. It concludes with an explanation of how the United Kingdom has been able to introduce changes relatively peacefully when attempts by continental European countries to reform their pension systems have frequently led to riots in the streets. A commentary and discussion summary are also included at the end of the chapter.

Keywords: public pensions; private pensions; pension provision; Thatcher; Major; Blair

Chapter.  13087 words. 

Subjects: Public Economics

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