Challenges of Aging Pensions, Retirement and Generational Justice
Population ageing is among the most important developments of our time. This book explores the profound challenges faced by an aging world. Leading experts from diverse disciplines describe the fundamental impact demographic aging has on pension systems,
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Challenges of Aging Pensions, Retirement and Generational Justice Edited by
Cornelius Torp
University of Augsburg, Germany
Introduction, selection and editorial matter © Cornelius Torp 2015 Individual chapters © Respective authors 2015 Softcover reprint of the hardcover 1st edition 2015 978-1-137-28316-0
All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No portion of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, Saffron House, 6-10 Kirby Street, London EC1N 8TS. Any person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2015 by PALGRAVE MACMILLAN Palgrave Macmillan in the UK is an imprint of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan in the US is a division of St Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN 978-1-349-67080-2 ISBN 978-1-137-28317-7 (eBook) DOI 10.1007/978-1-137-28317-7
This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. Logging, pulping and manufacturing processes are expected to conform to the environmental regulations of the country of origin. A catalogue record for this book is available from the British Library. Library of Congress Cataloging-in-Publication Data Challenges of aging : pensions, retirement and generational justice / edited by Cornelius Torp. pages cm Summary: “Over recent decades, population aging has become a truly global issue and has increasingly moved to the centre of public attention. Leading international experts in the political and social sciences, demography and history analyse the political and social consequences of demographic aging. Together the contributions offer three main observations. First, the steadily-rising share of retirees has put pension systems under increasing pressure and has provoked profound pension reforms in many industrialized countries. Second, aging societies experience significant changes both in the established patterns of transition from work to retirement as well as in the traditional concepts of retirement and old age. Third, running alongside the shift in the balance between younger and older people, the questions of generational justice hav
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