"Occupational welfare (OW) has a long tradition in the United Kingdom. It has been relatively well developed because the British welfare state offers comparatively meagre cash benefits for the risk of income loss due to sickness, maternity, unemployment and, most of all, old age. This paper investigates OW in two areas, namely old-age pensions and unemployment protection. In the case of unemployment protection, it focuses more specifically on contractual redundancy pay and shorttime working arrangements. The paper sheds light on these arrangements' historical evolution, their current institutional traits (in terms of regulation, governance and funding) and on their coverage. Data have been collected from existing research on the topic, official documents produced by trade unions and employers' associations, statistical and administrative data, and an ad hoc survey of occupational arrangements in four service and four manufacturing companies."

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