IDEAS home Printed from https://ideas.repec.org/p/ilo/ilowps/995005392402676.html
   My bibliography  Save this paper

Second-pillar pension re-reforms in Bulgaria, Croatia, Estonia, Latvia, Macedonia, Romania, and Slovakia benefit payouts amidst continuing retrenchment

Author

Listed:
  • Fultz, Elaine.
  • Hirose, Kenichi.

Abstract

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.

Suggested Citation

  • Fultz, Elaine. & Hirose, Kenichi., 2018. "Second-pillar pension re-reforms in Bulgaria, Croatia, Estonia, Latvia, Macedonia, Romania, and Slovakia benefit payouts amidst continuing retrenchment," ILO Working Papers 995005392402676, International Labour Organization.
  • Handle: RePEc:ilo:ilowps:995005392402676
    as

    Download full text from publisher

    File URL: http://ilo.userservices.exlibrisgroup.com/view/delivery/41ILO_INST/1255779670002676
    Download Restriction: no

    More about this item

    Keywords

    pension scheme; Bulgaria; Croatia; Latvia; Macedonia; Romania; Slovakia;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ilo:ilowps:995005392402676. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vesa Sivunen). General contact details of provider: http://edirc.repec.org/data/ilounch.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.