Pensions Under Attack: What's Behind the Push to Privatize Public Pensions
|In this book, Monica Townson discusses the forces behind the push
to privatize public pensions and looks at the likely impact of privatization on
the financial security of future seniors. She describes how Chile, under the
Pinochet dictatorship, replaced its public pension plan with a forced savings
scheme and became the darling of right-wing governments around the world, and
how Britain, under Margaret Thatcher, introduced opting out of public pensions
and triggered a major scandal involving some of the big names in the insurance
As the debate about privatization heats up in the new millennium, Pensions Under Attack provides the information needed to question the hidden agenda behind the current push to privatize public pensions. It will be a timely contribution to a discussion whose outcome affects the personal financial security of every Canadian.
Written by Monica Townson. Published by Canadian Centre for Policy Alternatives and James Lorimer Company Ltd., 2001.
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This page last modified: March 12, 2001
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