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Pension reform in Belarus in the shadow of Social Europe: vulnerability issues of people aged 50+ and points for improvement

Author

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  • Sierž Naurodski

Abstract

The policy brief by Sierž Naurodski presents a review of potential effects of parametric pension reform in Belarus starting in 2017 for the population aged 50 and more in terms of unemployment, alcohol consumption, and poverty. It concludes that, despite the fact that raising the retirement age is overdue in Belarus to address demographic challenges, it may have a negative impact on the quality of life of people close to retirement age as well as a poorer GDP effect within current conditions on the labor market in Belarus. The paper presents a set of public policy improvement directions in Belarus, which could help mitigating vulnerability of the group 50+ during the pension reform.

Suggested Citation

  • Sierž Naurodski, 2017. "Pension reform in Belarus in the shadow of Social Europe: vulnerability issues of people aged 50+ and points for improvement," CASE Network Studies and Analyses 0485, CASE-Center for Social and Economic Research.
    • Handle: RePEc:sec:cnstan:0485
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    File URL: https://case-research.eu/uploads/zalacznik/2017-03-13/Pension_reform_13_03.pdf
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    More about this item

    Keywords

    Belarus; parametric pension reform; pre-retirement population vulnerability; 50+; social security; policy in transition countries;
    All these keywords.

    JEL classification:

    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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