A comparative discussion on the typology of two nations’ pension policies : In a quest for a flawless pension structure for our seniors

Sammanfattning: The pension systems of Sweden and Singapore are compared in this thesis paper using the most recent developments in welfare-regime analysis. The author examines how the two countries’ policy systems are responding in light of Esping- Anderson’s welfare regime theory because the researcher thinks it will be fascinating and challenging also to compare the pension systems of the aforementioned countries. This paper will be helpful to students and scholars looking for public policy recommendations in the area of pensions for senior citizens. Additionally, the author will provide professionals with references if they need a summary of public pension policy and finance in terms of comparative research studies. The author discovers that both nations’ pension policies are performing adequately though there is some error to solve; also finds there are significant differences between the two nations’ institutional infrastructures. As the Swedish system demonstrates a lower degree of independence and long-term public control over pension policy. Conversely, the Singaporean system has a higher degree of independence and is firmly committed to a free market system.