The financing of pension reform systems in Central and Eastern Europe: An overview of major trends and their determinants, 1990-1993.
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TextPublication details: Washington : World Bank, 1996.Subject(s): Summary: This paper examines the trends in pension fund financing and their determinants: demographic conditions, changes in the eligibility and benefit generosity of pension schemes, and economic development's impacting the number of contributors and tax compliance. The paper concludes that decreasing the level and rate of growth of pension costs is the key to reducing pension fund deficits in evidence in nearly all countries in the region and that policies to improve pension funds finacing cannot be generalized and should be designed to address the specific cause of high pension costs in each country.
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INESOR Library On Shelf | XX(11730.1) (Browse shelf(Opens below)) | 1 | Available | 11730-1001 |
This paper examines the trends in pension fund financing and their determinants: demographic conditions, changes in the eligibility and benefit generosity of pension schemes, and economic development's impacting the number of contributors and tax compliance. The paper concludes that decreasing the level and rate of growth of pension costs is the key to reducing pension fund deficits in evidence in nearly all countries in the region and that policies to improve pension funds finacing cannot be generalized and should be designed to address the specific cause of high pension costs in each country.
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