The development of public superannuation schemes

A study of the history of public superannuation schemes reveals that, in general, steady progress has been, and is being, made; there is, however, little consistency as between various branches of the public service. There have already been many post-war developments, in which there is some evidence...

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Bibliographic Details
Published in:Journal of the Institute of Actuaries 1950-06, Vol.76 (1), p.3-37
Main Author: Robb, A. C.
Format: Article
Language:English
Subjects:
Age
Civil service
Employee pension plans
Local government
Lump sum payments
Pension contributions
Pension funds
Pension plans
Police
Retirement
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Summary:A study of the history of public superannuation schemes reveals that, in general, steady progress has been, and is being, made; there is, however, little consistency as between various branches of the public service. There have already been many post-war developments, in which there is some evidence of a common pattern, yet in which there are many startling divergencies. In view of the ever-increasing scope of the public services, it is surely time to give serious consideration to the question of standardization of such schemes; and the object of this paper is to suggest possible future developments along these lines.
ISSN:0020-2681
2058-1009
DOI:10.1017/S0020268100013226