The Bulgarian Pension System (design, pre-reform and post-reform financial status)
The Bulgarian Pension System (design, pre-reform and post-reform financial status)
Author(s): Georgi ShopovSubject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: H53; H55
Summary/Abstract: The scientific objectives of the presented study are: (i) to provide an analytical overview of the main characteristics of the Bulgarian pension reform; and (ii) to present its financial aspects related to the pre-reform and post-reform deficit of the PAYG pillar. Several conclusions regarding the background, parameters and financial status (current and projected) of the Bulgarian pension system are summarized. Recommendations concerning the implementation of a mechanism for a regular external monitoring and evaluation of the pension system’s development respecting the provisions of the adopted National Strategy and the necessity to develop a new National Strategy for the further improvement of the pension system are suggested as well.
Journal: Икономически изследвания
- Issue Year: 2008
- Issue No: 2
- Page Range: 3-21
- Page Count: 19
- Language: English