6533b82efe1ef96bd1294538

RESEARCH PRODUCT

Equity of Public Pension System

Robert Meneu-gayaBorja Encinas GoenecheaInmaculada Domínguez-fabián

subject

PensionEquity (economics)Public pensionEconomicsPension systemNeutralitySolidarityLaw and economics

description

Fairness is an important feature of pension systems, but it is a wide concept with multiple sides. In this chapter, we try to distinguish some of them with the aim of using the terms in a proper manner. More specifically, we have observed at least five meanings for the notion of fairness when applying to a pension system: justice, equity, neutrality, solidarity and integrity. We explain each sense of fairness and other related concepts. We also provide, when possible, a way to measure each of them, with some figures for a selected European countries.

https://doi.org/10.1007/978-3-030-37912-4_7