The United Kingdom’s New Retirement Savings Program

On October 1, 2012, the United Kingdom launched a new retirement savings program. The new program has two parts. First, all employers will be required to offer retirement plans meeting minimum requirements for their employees and to contribute to those plans. Second, all employers who do not sponsor pension or retirement savings plans meeting specified […]


Lost Pension Plan Registries in the U.K. and Australia

In the United States, many retirees face great difficulties in locating their former employers in order to apply for a pension to which they are entitled. At the same time, pension plans have trouble locating prospective pensioners with whom they have lost contact. The problem of lost pensions and lost pensioners was also prevalent in […]


International Differences in Poverty Rates

The data in the Country Comparisons chart comes from Table 1 of a study done for the Organization for Economic Co-operation and Development (OECD) called the Luxembourg Study. The study was done by Professor Timothy Smeeding in 2005 to compare poverty rates among older persons.  The LIS team compiled micro-data from different surveys in order […]