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Reform of Police Pensions in England and Wales

In: Retirement Benefits for State and Local Employees: Designing Pension Plans for the Twenty-First Century

Author

Listed:
  • Rowena Crawford
  • Richard Disney

Abstract

We analyse pension reforms for police officers in England and Wales using force-level data. We quantify the impact on overall police pension plan liabilities, examining incidence across police officers, national and local taxpayers. We also examine reforms of retirement rules, especially concerning early retirement on grounds of ill-health. Differences in ill-health retirement across forces are statistically related to area-specific stresses of policing and force-specific human resource policies. Reforms in 2006 impacted primarily on the level of ill-health retirement among forces with above-average rates of early retirement. We find that residual differences in post-2006 ill-health retirement rates across forces are related to differential capacities to raise revenue from local property taxes.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Rowena Crawford & Richard Disney, 2012. "Reform of Police Pensions in England and Wales," NBER Chapters, in: Retirement Benefits for State and Local Employees: Designing Pension Plans for the Twenty-First Century, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:13236
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    Cited by:

    1. is not listed on IDEAS
    2. Rowena Crawford & Richard Disney, 2018. "Wage Regulation and the Quality of Police Applicants," Economica, London School of Economics and Political Science, vol. 85(340), pages 701-734, October.
    3. Kaifala, Gabriel B. & Paisey, Catriona & Paisey, Nicholas J., 2021. "The UK pensions landscape – A critique of the role of accountants and accounting technologies in the treatment of social and societal risks," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 75(C).
    4. Rowena Crawford & Richard Disney, 2015. "Wage regulation and the quality of police officer recruits," IFS Working Papers W15/19, Institute for Fiscal Studies.
    5. Rowena Crawford & Richard Disney & Polly Simpson, 2018. "The determinants of local police spending," IFS Working Papers W18/09, Institute for Fiscal Studies.

    More about this item

    JEL classification:

    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • J45 - Labor and Demographic Economics - - Particular Labor Markets - - - Public Sector Labor Markets

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