Abstract

Journal of Actuarial Practice

Volume 1, Number 1, 1993


Global Social Security: How the Rules are Changing in Certain Countries

Robert J. Myers

Abstract

Social security programs (i.e., national pension systems) differ widely between countries. This is only natural, and desirable, because of varying social and economic conditions and philosophies. This paper discusses some of the general worldwide trends, such as the equal treatment of men and women, increases in the normal retirement age, projection of future costs, and the different philosophies of social security. Some of the interesting and unique changes recently made in selected countries (Canada, Chile, Eastern European countries, Germany, Japan, People's Republic of China, Saudi Arabia, Union of Soviet Socialist Republics, United Kingdom, and United States) are described.

Key words and phrases: global social security, social security, national pension systems, philosophies of social security

Robert J. Myers
9610 Wire Avenue
Silver Spring MD 20901


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