A European Perspective
Chapter 4: Self-employment, pensions and the risk of poverty in old age
The risk of poverty in old age entails the problems of financing and receiving an adequate pension. Some of the risks are determined by factors which may be influenced by individuals, and which have to be seen in the context of ability and willingness to save part of their earnings of self-employed people. The other group of factors, which determine the risk of old age poverty, cannot be influenced by individual action or behaviour. These factors include the institutional and legal framework and developments in capital markets. Here the stability and security of the entitlements, the replacement rate, and the adjustment of pensions during retirement to maintain once living standard pose special problems to avoid poverty in old age.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.