The welfare state and old-age pensions are central pillars in modern societal and economic thought. Doubts about the future sustainability of the national pension system have prompted reforms which must contend with sensitive economic, demographic, social and political issues. This article reviews in depth the role of the state and private actors in pension systems. It suggests wider participation of the private sector in current pension systems coupled with well-considered policy regulation.
Calciano, F.L., Tirelli, M. (2008). Public versus private old-age pensions in Europe. EUROPEAN VIEW, 7, 277-286 [10.1007/s12290-008-0064-4].