Robbing Peter to pay Paul? A Box Jenkins analysis of the future of the
By isolating and forecasting the trend in two key variables this paper analyses the future plausibility of the current UK pensions system. Box Jenkins methods (1970, 1976, 1994) are applied to UK post-war government pensioner expenditure and population over 65. Conclusions are made with particular reference to the recent reports of the pensions commission who recommended a drastic reorganization o