Pension reforms in EU11 countries: an evaluation of post-socialist pension policies
Domonkos, Stefan ; Simonovits, András
International Social Security Review
2017
70
2
April - June
109-128
pension reform ; social security ; social security reform ; pension scheme ; comparison
Social protection - Old age benefits
http://onlinelibrary.wiley.com/doi/10.1111/issr.12137
English
Bibliogr.;Statistics
"This article evaluates the pension policy pathways of the 11 former state socialist nations that have joined the European Union since 2004. Focusing primarily on the post-2004 period, the analysis discusses the most important measurable outcomes of these countries' pension reforms, in terms of poverty alleviation, pension adequacy and fiscal sustainability. Going beyond the quantifiable concepts, we also investigate the quality of the 11 countries' pension systems in terms of equity as well as efficiency, emphasizing the less conspicuous design errors present in these systems. Although these errors have received little attention to date, they may harm pension schemes along several dimensions, including their fiscal sustainability."
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