This wide-ranging analysis, first published in 2001, compares and contrasts the mandatory pension policies of countries around the globe.

1. Introduction; 2. Work and saving over the life cycle; 3. Saving for retirement; 4. Financial risks over the life cycle; 5. Retirement income streams; 6. Taxation of retirement saving; 7. Administrative costs and charges; 8. Conclusion; Appendix A1. Mandatory retirement saving in Australia; Annex A1. Chronology of retirement income policy in Australia; Appendix 2. International comparisons of private mandatory retirement saving.