There has been much discussion in the British general and specialised media over the last year on the adverse consequences of the economic and financial crisis on the British pension system. It should come as no surprise that the crisis has also adversely affected pension systems in most other...

There has been much discussion in the British general and specialised media over the last year on the adverse consequences of the economic and financial crisis on the British pension system. It should come as no surprise that the crisis has also adversely affected pension systems in most other...

There is currently a strong perception in the UK that public sector pensions are generous relative to those offered in the private sector, leading them to be branded "gold plated." This study argues that pensions should be considered deferred pay; as such any discussion on the relative...