The Politics of Voluntary and Mandatory Pensions in the Nordic Countries

The article provides an overview of the voluntary (private) pension sector in the Nordic countries, and relates it to the mandatory (public) pension system. It also provides an account of how the Nordic countries have tried to cope with various weaknesses of voluntary occupational plans. The problem...

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Bibliographic Details
Published in:Labour (Rome, Italy) Italy), 1998-04, Vol.12 (1), p.169-189
Main Author: Overbye, Einar
Format: Article
Language:English
Subjects:
Pension schemes
Pensions
Private Sector
Public Sector
Scandinavia
Social policy
Welfare state
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Summary:The article provides an overview of the voluntary (private) pension sector in the Nordic countries, and relates it to the mandatory (public) pension system. It also provides an account of how the Nordic countries have tried to cope with various weaknesses of voluntary occupational plans. The problem of State involvement in the voluntary pension sector is discussed. Concerning this point four problems are underlined: inclusion of marginal labour; securing the pension promise in the case of bankruptcy; conflicting interests in fund management; tax treatment.
ISSN:1121-7081
1467-9914
DOI:10.1111/1467-9914.00061