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Global Social Security: How The Rules Are Changing In Certain Countries, Robert J. Myers
Global Social Security: How The Rules Are Changing In Certain Countries, Robert J. Myers
Journal of Actuarial Practice (1993-2006)
Social security programs (i.e., national pension systems) differ widely between countries. This is only natural, and desirable, because of varying social and economic conditions and philosophies. This paper discusses some of the general worldwide trends, such as the equal treatment of men and women, increases in the normal retirement age, projection of future costs, and the different philosophies of social security. Some of the interesting and unique changes recently made in selected countries-Canada, Chile, Eastern European countries, Germany, Japan, People's Republic of China, Saudi Arabia, Union of Soviet Socialist Republics, United Kingdom, and United States-are described.