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Author:Stanovnik, T.
Title:Financing of pension systems
Journal:Slovenska ekonomska revija
1996 : VOL. 47:1-2, p. 43-56
Index terms:
Freeterms:Slovenia, social security, pensions,
systems, financing, reforms,
international comparisons, Chile,
post-socialist countries
Language:slv
Abstract:We present a brief overview of the main causes for the current crisis of public pension systems - which is also a crisis in financing these systems.The long-term and sustainable solution for the public pension system of Slovenia is mainly in an orderly and phased decrease in pension rights, as well as in reestablishing a closer link between contributions and pension rights - though still providing for redistribution.Radical solutions, geared toward a drastic shrinking of the public system and introducing a mandatory saving scheme, are deemed not suitable for Slovenia.We advocate a greated emphasis on the development of voluntary individual pension schemes.
SCIMA record nr: 151657
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