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The Financial Sustainability of the Portuguese Social Security System

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  • Carlos Manuel Pereira da Silva
  • Joao Paulo Tome Calado
  • Maria Teresa Medeiros Garcia

Abstract

This paper analyses the account of the benefits sub-system as well as its impact on the portfolio of Social Security Trust Fund ("FEFSS"). Section 2 describes state social security and the account projections of the benefits sub-system. Section 3 analyses the actuarial and financial equilibrium of the system in the short and long term and the fund's assets. Section 4 concludes. Copyright 2004 The International Association for the Study of Insurance Economics.

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Bibliographic Info

Article provided by The International Association for the Study of Insurance Economics in its journal The Geneva Papers.

Volume (Year): 29 (2004)
Issue (Month): 3 (07)
Pages: 417-439

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Handle: RePEc:bla:geneva:v:29:y:2004:i:3:p:417-439

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Cited by:
  1. Garcia, Maria Teresa Medeiros, 2010. "Efficiency evaluation of the Portuguese pension funds management companies," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 20(3), pages 259-266, July.

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