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Equity of Public Pension System

In: Economic Challenges of Pension Systems

Author

Listed:
  • Robert Meneu-Gaya

    (Universitat de València)

  • Borja Encinas-Goenechea

    (University of Extremadura)

  • Inmaculada Domínguez-Fabián

    (University of Extremadura)

Abstract

Fairness is an important feature of pension systems, but it is a wide concept with multiple sides. In this chapter, we try to distinguish some of them with the aim of using the terms in a proper manner. More specifically, we have observed at least five meanings for the notion of fairness when applying to a pension system: justice, equity, neutrality, solidarity and integrity. We explain each sense of fairness and other related concepts. We also provide, when possible, a way to measure each of them, with some figures for a selected European countries.

Suggested Citation

  • Robert Meneu-Gaya & Borja Encinas-Goenechea & Inmaculada Domínguez-Fabián, 2020. "Equity of Public Pension System," Springer Books, in: Marta Peris-Ortiz & José Álvarez-García & Inmaculada Domínguez-Fabián & Pierre Devolder (ed.), Economic Challenges of Pension Systems, chapter 0, pages 155-171, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-37912-4_7
    DOI: 10.1007/978-3-030-37912-4_7
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