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Three paths to more encompassing supplementary pensions

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Gelepithis, Margarita (2018) Three paths to more encompassing supplementary pensions. Journal of Social Policy, 47 (3). pp. 603-623. doi:10.1017/S0047279417000770 ISSN 0047-2794.

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Official URL: https://doi.org/10.1017/S0047279417000770

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Abstract

In pension systems characterized by low or moderate state benefits, reliance on voluntary private pensions creates a dualism of access to adequate retirement income. This dualism is expected to persist over time. Yet while some private-heavy pension systems continue to rely on dualising voluntarism, since the 1980s most have introduced regulatory reforms to make private pensions more encompassing. This paper uses fuzzy-set Qualitative Comparative Analysis to identify three paths to the regulatory extension of private pension coverage – collective self-regulation, top-down regulation in Continental Europe, and top-down regulation in Anglophone countries. A case study of the UK then shows how it is that unions have been able to bring about more encompassing private pensions in Anglophone countries, despite strong employer opposition, weak formal influence in policymaking, and a weak institutional capacity for collective self-regulation.

Item Type: Journal Article
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: Faculty of Social Sciences > Politics and International Studies
Library of Congress Subject Headings (LCSH): Old age pensions, Welfare economics
Journal or Publication Title: Journal of Social Policy
Publisher: Cambridge University Press
ISSN: 0047-2794
Official Date: July 2018
Dates:
DateEvent
July 2018Published
18 December 2017Available
6 November 2017Accepted
Volume: 47
Number: 3
Page Range: pp. 603-623
DOI: 10.1017/S0047279417000770
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
Date of first compliant deposit: 9 November 2017
Date of first compliant Open Access: 14 March 2018

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