Abstract
The ageing of the population and its consequences is widely recognised as one of the major public
policy challenges facing Australia, with likely future retirement incomes emerging as a key policy issue.
In such debates, the future fortunes of women loom large.
Will compulsory employer contributions to superannuation make a difference to the financial position
of women in retirement?
Will increased labour force participation result in a better retirement?
What of the women who were relying on their partner's superannuation but their marriage has ended
in divorce?
Models established to date do not provide the best tools to answer questions such as those above.
In particular, they are unable to cope with the impact of divorce. With this in mind, NATSEM,
with support from an Australian Research Council grant (A79906127), has added a superannuation
module onto an existing microsimulation model. This new model allows detailed distributional analysis
of future retirement incomes, including analysis of a wide range of policy settings and of the impact on
future superannuation of behavioural changes.
This paper presents the first, preliminary results using this model.
policy challenges facing Australia, with likely future retirement incomes emerging as a key policy issue.
In such debates, the future fortunes of women loom large.
Will compulsory employer contributions to superannuation make a difference to the financial position
of women in retirement?
Will increased labour force participation result in a better retirement?
What of the women who were relying on their partner's superannuation but their marriage has ended
in divorce?
Models established to date do not provide the best tools to answer questions such as those above.
In particular, they are unable to cope with the impact of divorce. With this in mind, NATSEM,
with support from an Australian Research Council grant (A79906127), has added a superannuation
module onto an existing microsimulation model. This new model allows detailed distributional analysis
of future retirement incomes, including analysis of a wide range of policy settings and of the impact on
future superannuation of behavioural changes.
This paper presents the first, preliminary results using this model.
| Original language | English |
|---|---|
| Title of host publication | Competing Visions: proceedings of the National Social Policy Conference |
| Place of Publication | Sydney |
| Publisher | Social Policy Research Centre |
| Pages | 223-247 |
| Number of pages | 25 |
| Publication status | Published - 2001 |
| Event | National Social Policy Conference 2001 - University of New South Wales, Sydney, Australia Duration: 2 Jul 2001 → 6 Jul 2001 |
Publication series
| Name | Social Policy Research Centre discussion papers |
|---|---|
| ISSN (Electronic) | 1446-4179 |
Conference
| Conference | National Social Policy Conference 2001 |
|---|---|
| Country/Territory | Australia |
| City | Sydney |
| Period | 2/07/01 → 6/07/01 |