<i>‘Young people face many immediate challenges in today’s labour markets, yet their longer-term prospects for retirement have often been neglected. Importantly, this edited volume addresses the links between disadvantages experienced early in careers and the much later, often substantial, consequences for retirement and old-age income. Going beyond the ordinary, these interdisciplinary studies fill knowledge gaps, especially with respect to social risk groups and geographical spread. They investigate how flexibilization of work and pension reforms challenge youth today and how they will continue to challenge them in the future. Are they aware of their prospects – and can they save adequately for their old age retirement?’</i>
- Bernhard Ebbinghaus, University of Mannheim, Germany,
This pivotal study of the relationship between the current labour market and future pensions explores the ways in which public policies relating to education, employment and welfare work to sustain a decent living standard during retirement. Using a diverse range of comparative studies across a multitude of countries and nation-specific case studies, chapters consider the influence of institutions and social, cultural and economic norms on public pensions and retirement saving behaviours in young adults.
Providing a valuable insight into contemporary research findings, this innovative book will be essential reading for students and scholars in the areas of welfare states, labour economics, pensions and the sociology of youth. Policymakers in these fields will also benefit from its analysis of sustainable pension policy development.