This paper deals with two policy approaches to address the problem of the "pensions time bomb" by influencing private …-sector pension provision. In assessing the role of private-sector pensions, it is common to concentrate exclusively on the issue of … since private-sector pension arrangements have significant implications for governments' finances. When private pensions …

to intergenerational conflict. Let people with rights to public pensions have the option of using a portion of their … potential pensions to provide employment vouchers for employers that hire them. The policy is entirely voluntary; only those … to draw their public pensions and the employers have the right not to employ them. In effect, the policy involves taking …

This paper deals with two policy approaches to address the problem of the ?pensions time bomb? by influencing private …-sector pension provision. In assessing the role of private-sector pensions, it is common to concentrate exclusively on the issue of … since private-sector pension arrangements have significant implications for governments' finances. When private pensions …

to intergenerational conflict. Let people with rights to public pensions have the option of using a portion of their … potential pensions to provide employment vouchers for employers that hire them. The policy is entirely voluntary; only those … to draw their public pensions and the employers have the right not to employ them. In effect, the policy involves taking …

their UAs into their pensions. We present an analytical framework to analyse the incentive e.ects of UAs and calibrate our …