Abstract
The extent to which baby boomers can provide for themselves in retirement is becoming a critical issue for government policy makers. Clearly, the burden on future governments will be influenced by the level of superannuation assets that baby boomers take into retirement.
This paper uses microsimulation to make projections of the superannuation assets of people entering retirement over the next 40 years. It considers the impact of a change in superannuation policy - namely, a higher level of compulsory contribution - from both the individual and government perspective.
This paper uses microsimulation to make projections of the superannuation assets of people entering retirement over the next 40 years. It considers the impact of a change in superannuation policy - namely, a higher level of compulsory contribution - from both the individual and government perspective.
Original language | English |
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Pages | 1-29 |
Number of pages | 29 |
Publication status | Published - 2002 |
Event | 10th Annual Colloquium of Superannuation Researchers - Duration: 8 Jul 2002 → 9 Jul 2002 |
Conference
Conference | 10th Annual Colloquium of Superannuation Researchers |
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Period | 8/07/02 → 9/07/02 |