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Punishing The Poor: A Critique Of Means‐Tested Retirement Benefits

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  • Oskari Juurikkala

Abstract

Means‐tested retirement benefits create strong disincentives to work and to save prior to retirement. This article outlines the structure of means‐tested benefits in the UK and the USA, and reviews the theoretical and empirical evidence of their incentive effects.

Suggested Citation

  • Oskari Juurikkala, 2008. "Punishing The Poor: A Critique Of Means‐Tested Retirement Benefits," Economic Affairs, Wiley Blackwell, vol. 28(1), pages 11-16, March.
    • Handle: RePEc:bla:ecaffa:v:28:y:2008:i:1:p:11-16
    DOI: 10.1111/j.1468-0270.2008.00794.x
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