ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Government Pensions

The central government expenditure on pensions has increased sixfold between 1990-91 and 1999-2000. Various bodies have estimated the extent of the pension liability over the coming decades and proposed reforms. This essay examines the assumptions made in these estimates and points to the additional considerations that merit attention while judging the viability of reforms.

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