Superannuation and the ageing myth

Hanegbi, Rami and Bagaric, Mirko 2004, Superannuation and the ageing myth, Journal of law and financial management, vol. 3, no. 1, pp. 18-27.

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Title Superannuation and the ageing myth
Author(s) Hanegbi, Rami
Bagaric, Mirko
Journal name Journal of law and financial management
Volume number 3
Issue number 1
Start page 18
End page 27
Publisher Macquarie Graduate School of Management
Place of publication Macquarie University, NSW
Publication date 2004-06
ISSN 1446-6899
Summary The ageing population rationale, which was the central plank underpinning compulsory superannuation, is flawed. The increase in individual wealth in the future more than compensates for the increasing number of older people. In addition to this, compulsory superannuation contributes to the ageing population problem because it provides less money to couples who wish to raise children and hence provides a disincentive for people to have children. The most appropriate method for dealing with the ageing problem is to encourage people to work longer - not because they need the money, but because it is good for their psyche and self-worth.

Language eng
Field of Research 180103 Administrative Law
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2004, Macquarie Graduate School of Management
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Document type: Journal Article
Collection: Law
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