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Describes the former pension system and the problems it faced, compares it to the new system, and discusses why reform was necessary.
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Population aging will affect the performance of pension funds and financial markets in the former transition economies and require determined policy actions to complete financial market development and to promote financial literacy through education.
Finance --Europe, Central. --- Finance --Europe, Eastern. --- Finance --Europe, Southern. --- Old age pensions --Europe, Central --Finance. --- Old age pensions --Europe, Eastern --Finance. --- Old age pensions --Europe, Southern --Finance. --- Population aging --Europe, Central. --- Population aging --Europe, Eastern. --- Population aging --Europe, Southern. --- Old age pensions --- Population aging --- Finance --- Business & Economics --- Labor & Workers' Economics --- Finance. --- Funding --- Funds --- Aging of population --- Aging population --- Aging society --- Demographic aging --- Graying (Demography) --- Greying (Demography) --- Employees --- OASI (Old age and survivors insurance) --- Old age and survivors insurance --- Older people --- Retirement pensions --- Survivors' benefits (Old age pensions) --- Pensions --- Economics --- Currency question --- Age distribution (Demography)
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In this work, leading economists analyse topical issues in pension policy, including strucural reform of pay-as-you-go systems, the political sustainability of pension reforms, and the need for private, funded systems.
Pensions --- Pension trusts --- Pension trusts -- Europe. --- Pension trusts -- United States. --- Pensions -- Europe. --- Pensions -- United States. --- Labor & Workers' Economics --- Business & Economics --- 368.43 --- 332.832 --- 311.94 --- AA / International- internationaal --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen. --- Pensioen. Brugpensioen. --- Verdeling van de bevolking naar leeftijd. Veroudering van de bevolking. --- Employee pension trusts --- Pension funds --- Pension plans --- Compensation --- Retirement pensions --- Superannuation --- Trusts and trustees --- Retirement income --- Annuities --- Social security individual investment accounts --- Vested benefits --- Verdeling van de bevolking naar leeftijd. Veroudering van de bevolking --- Pensioen. Brugpensioen --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen --- ECONOMICS/Labor Studies --- SOCIAL SCIENCES/Political Science/Public Policy & Law --- Pensions - Europe --- Pensions - United States --- Pension trusts - Europe --- Pension trusts - United States
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Old age pensions --- Pensions --- Pensions de vieillesse --- Government policy --- Politique gouvernementale --- pensioenen --- Social security law --- pensioenbeleid --- Retirement income --- 368.43 --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen. --- P4 --- #SBIB:316.8H40 --- #SBIB:35H437 --- EEC / European Union - EU -Europese Unie - Union Européenne - UE --- Income --- Compensation --- Pension plans --- Retirement pensions --- Superannuation --- Annuities --- Social security individual investment accounts --- Vested benefits --- Employees --- OASI (Old age and survivors insurance) --- Old age and survivors insurance --- Older people --- Survivors' benefits (Old age pensions) --- Europa --- Sociaal beleid: social policy, sociale zekerheid, verzorgingsstaat --- Beleidssectoren: sociale zekerheid --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen --- Social policy --- European Union --- Europe --- Old age pensions - Government policy - Europe --- Old age pensions - Europe --- Pensions - Europe --- Retirement income - Europe
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This 2014 edition of the OECD Pensions Outlook examines the ever-changing pensions landscape. It looks at pension reform, the role of private pensions and retirement savings. Population ageing and longevity risk is examined as are the means of increasing coverage and providing automatic enrolment. The volume is rounded out by a chapter on default retirement strategies.
Economic development. --- Economic policy. --- International economic relations. --- OECD countries. --- Sustainable development. --- Business & Economics --- Economic Theory --- Economic policy --- Economic development --- International economic relations --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Development, Economic --- Economic growth --- Growth, Economic --- Economic nationalism --- Economic planning --- National planning --- State planning --- Pensions -- Europe, Central. --- Pensions -- Europe, Eastern. --- Pensions -- OECD countries. --- Labor & Workers' Economics --- International trade --- Service industries --- Industries --- FR / France - Frankrijk --- 331.30 --- 93 --- Chronologieën. --- Chronologies. --- 93 Chronologieën. --- 93 Chronologies. --- Economische toestand. --- Economic history. --- OECD countries --- Economic conditions --- Statistics --- History, Economic --- Economics --- OECD member countries --- Organisation for Economic Co-operation and Development countries --- International relations --- Economic sanctions --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Planning --- National security --- Social policy --- Economic conditions. --- Economische toestand --- Chronologieën
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Social security --- Pensions --- Retirement income --- Sécurité sociale --- Revenu de retraite --- Case studies. --- Finance --- Cas, Etudes de --- Finances --- Government policy --- -Pensions --- -#SBIB:316.8H40 --- #SBIB:35H437 --- AA / International- internationaal --- EEC / European Union - EU -Europese Unie - Union Européenne - UE --- 332.832 --- 336.024 --- 202 --- 368.40 --- NBB congres --- pensioen --- pensioensparen --- sociale zekerheid --- -331.2522094 --- Income --- Compensation --- Pension plans --- Retirement pensions --- Superannuation --- Annuities --- Social security individual investment accounts --- Vested benefits --- Insurance, Social --- Insurance, State and compulsory --- Social insurance --- Insurance --- Income maintenance programs --- Finance. --- Sociaal beleid: social policy, sociale zekerheid, verzorgingsstaat --- Beleidssectoren: sociale zekerheid --- Pensioen. Brugpensioen. --- Sociale begroting, rekeningen en uitgaven. Gezondheid. --- Sociale organisatie. --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden. --- -Social security --- Sécurité sociale --- 331.2522094 --- #SBIB:316.8H40 --- Sociale organisatie --- Pensioen. Brugpensioen --- Sociale begroting, rekeningen en uitgaven. Gezondheid --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden --- Pensions - European Union countries. --- Pensions - Government policy - European Union countries. --- Social security - Europe - Case studies. --- Pensions - Europe - Finance - Case studies. --- Retirement income - Europe - Case studies.
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KEY ISSUES 2014 marked the tenth anniversary of accession to the EU of the first group of Central and Eastern European (CEE) countries. The first NMS Policy Forum was launched in the fall of 2014 as a platform for discussing policy frameworks and issues relevant for non-euro area NMS. It brought together representatives of the six CEE countries that are EU members but are not yet in the euro area - Bulgaria, Croatia, Czech Republic, Hungary, Poland, and Romania (NMS-6), as well as the ECB, the European Commission and the IMF. Discussions focused on four themes: Euro adoption: A once sizeable country risk premium associated with joining the euro area has mostly vanished, as the euro crisis has exposed flaws in the euro area’s institutional framework. Further, the crisis has illustrated both risks and benefits from adoption: monetary autonomy has proven helpful for absorbing shocks, while foreign currency mismatches—that can be much reduced with euro adoption—have shown to be a key vulnerability. Flexible labor markets, fiscal and macro-prudential policy space, and income convergence are prerequisites for successful adoption. Opting into the Banking Union (BU) before euro adoption: The lack of equal (or fully equivalent) treatment of the BU members and non-euro area opt-ins—regarding their role in the Single Supervisory Mechanism (SSM), as well as access to common liquidity and fiscal backstops—makes opting into the BU before euro adoption less attractive. Countries that would benefit most from early opt-in are those that see the BU as a way to enhance the quality and credibility of bank supervision or to gain access to larger industry-funded common backstops. The EU’s fiscal framework and pension reform: In the wake of the crisis, many NMS abolished second pillar pension funds. Further reforms to the EU’s fiscal framework are warranted to remove disincentives for setting up and maintaining second pension pillars and, more generally, for structural reforms. Making the most of the EU single market and EU Services Directive: Structural reforms to strengthen human capital, skills match, labor market efficiency, and foreign investment environment will help NMS to reap full benefits from EU integration. Further liberalization of trade in services will likely benefit the NMS-6 more than other EU members.
Banks and banking -- Europe, Central. --- Banks and banking -- Europe, Eastern. --- Economic and Monetary Union. --- Euro -- Europe, Central. --- Europe, Central -- Economic policy. --- Europe, Eastern -- Economic policy. --- Fiscal policy -- Europe, Central. --- Fiscal policy -- Europe, Eastern. --- International economic integration. --- International Monetary Fund -- Europe, Central. --- International Monetary Fund -- Europe, Eastern. --- Monetary policy -- Europe, Central. --- Pensions -- Europe, Central. --- Banking --- Finance --- Business & Economics --- Banks and Banking --- Exports and Imports --- Macroeconomics --- Public Finance --- Economic Theory --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Social Security and Public Pensions --- Institutions and the Macroeconomy --- International Investment --- Long-term Capital Movements --- Trade: General --- Fiscal Policy --- Pensions --- International economics --- Economic theory & philosophy --- Pension spending --- Structural reforms --- Foreign direct investment --- Exports --- Expenditure --- International trade --- Macrostructural analysis --- Fiscal governance --- Fiscal policy --- Balance of payments --- Banks and banking --- Investments, Foreign --- Bulgaria
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Social security law --- Age group sociology --- Social policy and particular groups --- Europe --- Retirement --- Social security --- Old age pensions --- Early retirement --- Elderly poor --- Government policy --- 364 --- -Old age pensions --- -Poor aged --- -Retirement --- -Social security --- -#SBIB:316.8H14 --- #SBIB:316.334.2A85 --- AA / International- internationaal --- 310.0 --- 313 --- 368.43 --- 332.832 --- 368.40 --- NBB congres --- Insurance, Social --- Insurance, State and compulsory --- Social insurance --- Insurance --- Income maintenance programs --- Older people --- Superannuation --- Termination of employment --- Leisure --- Old age --- Low-income elderly --- Older poor people --- Poor aged --- Poor elderly --- Poor older people --- Poor --- Employees --- OASI (Old age and survivors insurance) --- Old age and survivors insurance --- Retirement pensions --- Survivors' benefits (Old age pensions) --- Pensions --- Retirement, Early --- Maatschappelijke hulpverlening --- Congresses --- -Congresses --- Welzijns- en sociale problemen: bejaarden --- Bijzondere arbeidsproblemen: opruststelling en pensioen --- Algemene theorie van de bevolking en bevolkingspolitiek: algemeenheden. --- Levenswijze en levensstandaard. Levensminimum. sociale indicatoren (Studiën). --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen. --- Pensioen. Brugpensioen. --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden. --- 364 Maatschappelijke hulpverlening --- #SBIB:316.8H14 --- Algemene theorie van de bevolking en bevolkingspolitiek: algemeenheden --- Levenswijze en levensstandaard. Levensminimum. sociale indicatoren (Studiën) --- Pensioen. Brugpensioen --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen --- Aged poor --- Low-income older people --- Retirement - Europe - Congresses. --- Retirement - Government policy - Europe - Congresses. --- Social security - Europe - Congresses. --- Old age pensions - Europe - Congresses. --- Early retirement - Europe - Congresses. --- Elderly poor - Europe - Congresses.
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