Long-term Fiscal Projections and the Australian Retirement Income System
John Piggott () and
Rafal Chomik ()
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Rafal Chomik: ARC Centre of Excellence in Population Ageing Research, Australian School of Business, University of New South Wales
No 201214, Working Papers from ARC Centre of Excellence in Population Ageing Research (CEPAR), Australian School of Business, University of New South Wales
Australia’s retirement income provision system, comprising the “three pillars” of a means-tested Age Pension, mandatory occupational Superannuation and other, voluntary long term savings, is at the heart of understanding the fiscal implications of ageing. While the Intergenerational Report, an account of long term fiscal sustainability, is celebrating its tenth birthday since the first edition was published, the Superannuation Guarantee (SG), first implemented in 1992, is about to turn a sprightly twenty. This paper considers the intergenerational reports as a prism for studying fiscal, demographic, and policy developments in the Australian retirement income system over the last decade and into the future.
Keywords: Intergenerational Report; Retirement; Pensions; Superannuation; Population Ageing (search for similar items in EconPapers)
JEL-codes: H55 J11 J14 J26 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:asb:wpaper:201214
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