Public and private pension spending: principles, practice and the need for reform

This paper surveys the issue of public spending on pensions. Drawing on evidence from systems around the world, but particularly in Britain, we outline the arguments for different types of public and private provision of pension income and consider how far they go towards meeting the objectives of pension provision. We discuss past trends in spending and look at future projections.

Trachemys gaigeae

Number of Pages: 6Integrative BiologyGeological Science

Constraints on OH Megamaser Excitation from a Survey of OH Satellite Lines

We report the results of a full-Stokes survey of all four 18 cm OH lines in 77 OH megamasers (OHMs) using the Arecibo Observatory. This is the first survey of OHMs that included observations of the OH satellite lines; only 4 of the 77 OHMs have existing satellite line observations in the literature. In 5 sources, satellite line emission is detected, with 3 of the 5 sources re-detections of previously published sources. The 2 sources with new detections of satellite line emission are IRAS F10173+0829, which was detected at 1720 MHz, and IRAS F15107+0724, for which both the 1612 MHz and 1720 MHz lines were detected. In IRAS F15107+0724, the satellite lines are partially conjugate, as 1720 MHz absorption and 1612 MHz emission have the same structure at some velocities within the source, along with additional broader 1612 MHz emission. This is the first observed example of conjugate satellite lines in an OHM. In the remaining sources, no satellite line emission is observed. The detections and upper limits are generally consistent with models of OHM emission in which all of the 18 cm OH lines have the same excitation temperature. There is no evidence for a significant population of strong satellite line emitters among OHMs.Comment: 9 pages, accepted to Ap

3D video coding and transmission

The capture, transmission, and display of 3D content has gained a lot of attention in the last few years. 3D multimedia content is no longer con fined to cinema theatres but is being transmitted using stereoscopic video over satellite, shared on Blu-RayTMdisks, or sent over Internet technologies. Stereoscopic displays are needed at the receiving end and the viewer needs to wear special glasses to present the two versions of the video to the human vision system that then generates the 3D illusion. To be more e ffective and improve the immersive experience, more views are acquired from a larger number of cameras and presented on di fferent displays, such as autostereoscopic and light field displays. These multiple views, combined with depth data, also allow enhanced user experiences and new forms of interaction with the 3D content from virtual viewpoints. This type of audiovisual information is represented by a huge amount of data that needs to be compressed and transmitted over bandwidth-limited channels. Part of the COST Action IC1105 \3D Content Creation, Coding and Transmission over Future Media Networks" (3DConTourNet) focuses on this research challenge.peer-reviewe

Preparing for retirement: the pension arrangements and retirement expectations of those approaching state pension age in England

This paper provides a detailed analysis of individuals in households in England aged between 50 and the State Pension Age in terms of their private pension arrangements and current non-pension assets alongside their expectations of future economic circumstances. Our descriptive findings include that members of defined benefit pensions have higher average levels of current earnings than members of defined contribution pensions and that median expected private pension income in retirement is highest for current members of defined benefit schemes. We find that on average those who have, or have had, a private pension have greater non-pension wealth than those who have never had a private pension. In terms of expectations of the future we find that it is those who have the fewest assets who have the least attachment to the labour market and are far less likely to expect any inheritance. Hence we conclude that inequalities in different dimensions of retirement resources tend to reinforce themselves as opposed to offset each other. This working paper was updated in October 2005 to take account of revised housing wealth numbers. Appendices containing additional tables can be downloaded here: Section 2 pdf file [138 KB]; Sections 3 pdf file [119 KB]; Section 4 pdf file [179 KB];

A hybrid perturbation Galerkin technique with applications to slender body theory

A two step hybrid perturbation-Galerkin method to solve a variety of applied mathematics problems which involve a small parameter is presented. The method consists of: (1) the use of a regular or singular perturbation method to determine the asymptotic expansion of the solution in terms of the small parameter; (2) construction of an approximate solution in the form of a sum of the perturbation coefficient functions multiplied by (unknown) amplitudes (gauge functions); and (3) the use of the classical Bubnov-Galerkin method to determine these amplitudes. This hybrid method has the potential of overcoming some of the drawbacks of the perturbation method and the Bubnov-Galerkin method when they are applied by themselves, while combining some of the good features of both. The proposed method is applied to some singular perturbation problems in slender body theory. The results obtained from the hybrid method are compared with approximate solutions obtained by other methods, and the degree of applicability of the hybrid method to broader problem areas is discussed