6533b838fe1ef96bd12a4504

RESEARCH PRODUCT

Private Pension Funds

Nicolae BaltesStefania Amalia JimonFlorin Cornel Dumiter

subject

Labour economicsSocial protectionPublic pensionLife expectancyPrivate pensionBusinessSocial solidarityBirth rate

description

The sociodemographic situation in CEE, characterized by the reduction of birth rate and increased share of elderly, draws attention to national social protection systems and in particular to public pension systems. The direct link between the labor market and public pension systems, based on the principle of social solidarity between generations, runs the risk of diminishing budgetary resources obtained from social contributions, while spending on benefits will increase, due to a higher number of beneficiaries, as well as due to the increase in life expectancy, which will determine that the period for which the benefits will be provided will be longer.

yearjournalcountryeditionlanguage
2021-01-01
https://doi.org/10.1007/978-3-030-74454-0_5