If Social Security were changed to a funded scheme, where the payments would be used for real investment instead of being transferred for current consumption, the national savings rate would rise.

The case for abolishing SERPS altogether and for second pensions to be provided by funded schemes in the private sector remains powerful.

Like many similar publicly funded 'schemes', it was built in the early 1950s on the outskirts of the city to alleviate the post-war housing shortage.

I'm sure that the Local Government Pension Scheme will get screwed over, alongside the other 3 public sector pensions, even though it is a funded scheme:

In addition to the funded schemes, the position in Hertfordshire offered new opportunities.

I have previously made the point that the local government scheme must be treated differently because it is a funded scheme.

Like many similar publicly funded 'schemes', these were built in the late 1940s on the outskirts of the city to alleviate the post-war housing shortage.

Even among funded schemes there are wide variations.

A satisfactory pension scheme would be a funded scheme vested in the trustees under which, if an employer went out of business, employees' accrued entitlements would be safeguarded.

A number of reasons exist as to why companies run funded schemes.