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"100 years of state pension provides a timely and informative history of pensions policy to mark the anniversary of the first payment of the state pension following the Old Age Pensions Act 1908. The book describes in clear terms the financial, demographic and social problems which politicians, government and private financial providers have grappled with and continue to do so. It is aimed at all people interested in pensions, public policy, social sciences and history. The authors combine different backgrounds - in pensions, social policy and actuarial practice - to provide an illuminating perspective on the subtle compromises reached by government in response to campaigns for social reform and pressure from MPs, employers, trade unions, lobby groups and the wider public"--Book jacket