Conceptual Foundations of Efficiency in Public Pensions
Conceptual Foundations of Efficiency in Public Pensions
Author(s): Tsvetelina NenkovaSubject(s): Economy, Welfare services, Public Finances
Published by: Стопанска академия »Д. А. Ценов«
Keywords: old age social security;efficiency in old age social security;economic effect;social effect;efficiency;J26;
Summary/Abstract: This article examines the efficiency of public pensions. The need for an efficiently functioning pension system is highlighted based on the theoretical foundations of pension social security concepts such as: ‘welfare for the elderly’, ‘retirement insurance’ a factor for increasing the ‘productivity of labour’, a form of ‘return on human capital nvestment’, a solution to the ‘prodigal father’ problem and ‘longevity insurance’.
Journal: Бизнес управление
- Issue Year: 23/2013
- Issue No: 4
- Page Range: 69-80
- Page Count: 11
- Language: English
