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Croy, Gerry; Gerrans, Paul; Speelman, Craig – International Journal of Aging and Human Development, 2010
Consistent with the global trend to shift responsibility for retirement income provision from the public purse to individuals has been encouragement to save more and to manage investment strategy. Analyzing data from 2,300 respondents to a randomly distributed questionnaire, this article focuses on the motivational importance of social norms. The…
Descriptors: Foreign Countries, Responsibility, Retirement, Income
Hess, Frederick M.; Squire, Juliet P. – American Enterprise Institute for Public Policy Research, 2009
The tension at the heart of pension politics is the incentive to satisfy today's claimants in the here-and-now at the expense of long-term concerns. Rules and auditing standards are intended to tame this kind of short-sighted behavior in the private sector. In the public sector, the primary safeguard is the hope that public officials will not be…
Descriptors: Public Sector, Teacher Retirement, Retirement Benefits, Income