The ongoing privatization of pensions--the shift from state to private responsibility for old age retirement income--raises fundamental issues of social and participatory rights. The recent financial market crisis makes the problematic nature of funded private pensions that fall short of expected returns dramatically clear. What have been the experiences in developed multipillar systems? What can be learned for those pensions systems currently under reform?
This edited book compares the varieties of pension governance in ten European countries. Contrasting the experience of developed...