Second-pillar pension re-reforms in Bulgaria, Croatia, Estonia, Latvia, Macedonia, Romania, and Slovakia: benefit payouts amidst continuing retrenchment
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Organización Internacional del Trabajo (OIT)
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| Format: | Entrada de enciclopedia |
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International Labour Organization
2018
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| _version_ | 1874525250786426881 |
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| author | Elaine Fultz Kenichi Hirose |
| author_facet | Elaine Fultz Kenichi Hirose Elaine Fultz Kenichi Hirose |
| contents | Second-pillar pension re-reforms in Bulgaria, Croatia, Estonia, Latvia, Macedonia, Romania, and Slovakia: benefit payouts amidst continuing retrenchment Elaine Fultz Kenichi Hirose Most analyses of Central and Eastern Europe’s (CEE) second-pension pillars focus on Hungary and Poland, the first CEE governments to establish such pillars (1997-1999) and the first to retrench them (2010-2011). However, as the regional front-runners in second-pillar creation and termination, Hungary and Poland differ in some important ways from other CEE countries that adopted this model. This paper concentrates on the other CEE second pillars, a majority of which have matured and begun to pay benefits, although only to small numbers of workers. For seven CEE countries, it describes these private benefits, compares them with public pensions and presents available evidence concerning their durability, adequacy and financing. ESS working paper, no. 72, ILO publication.encyclopediaEntry |
| format | Entrada de enciclopedia |
| id | ilo_995219490402676 |
| institution | Organización Internacional del Trabajo (OIT) |
| publishDate | 2018 |
| publisher | International Labour Organization |
| spellingShingle | Second-pillar pension re-reforms in Bulgaria, Croatia, Estonia, Latvia, Macedonia, Romania, and Slovakia: benefit payouts amidst continuing retrenchment Elaine Fultz Kenichi Hirose Second-pillar pension re-reforms in Bulgaria, Croatia, Estonia, Latvia, Macedonia, Romania, and Slovakia: benefit payouts amidst continuing retrenchment Elaine Fultz Kenichi Hirose Most analyses of Central and Eastern Europe’s (CEE) second-pension pillars focus on Hungary and Poland, the first CEE governments to establish such pillars (1997-1999) and the first to retrench them (2010-2011). However, as the regional front-runners in second-pillar creation and termination, Hungary and Poland differ in some important ways from other CEE countries that adopted this model. This paper concentrates on the other CEE second pillars, a majority of which have matured and begun to pay benefits, although only to small numbers of workers. For seven CEE countries, it describes these private benefits, compares them with public pensions and presents available evidence concerning their durability, adequacy and financing. ESS working paper, no. 72, ILO publication.encyclopediaEntry |
| title | Second-pillar pension re-reforms in Bulgaria, Croatia, Estonia, Latvia, Macedonia, Romania, and Slovakia: benefit payouts amidst continuing retrenchment |
| url | https://researchrepository.ilo.org/esploro/outputs/encyclopediaEntry/Second-pillar-pension-re-reforms-in-Bulgaria-Croatia/995219490402676 |