Voluntary pension insurance as a strategic challenge of pension market in Bulgaria Cover Image

Доброволното пенсионно осигуряване като стратегическо предизвикателство за пенсионния пазар в България
Voluntary pension insurance as a strategic challenge of pension market in Bulgaria

Author(s): Ivanka Deneva
Subject(s): Social Sciences, Economy, Education, National Economy, Business Economy / Management, Higher Education , Public Finances, Accounting - Business Administration, Human Resources in Economy, Business Ethics, Socio-Economic Research
Published by: Нов български университет
Keywords: funded insurance; pension; replacement rate; dependency coefficient; replacement rate; voluntary pension funds

Summary/Abstract: Achieving adequate post-retirement income implies diversification of sources of retirement income and an emphasis on funded insurance schemes. The provision in voluntary defined contribution pension funds is considered as a part of the three-pillar pension model in our country. The article examines indicators outlining its role. Рrerequisites are pointed out and specific measures that will enhance the participation of insured persons and their employers on a voluntary pension plan with a view to more fully utilizing its potential to increase the total income replacement ratio are considered.

  • Issue Year: 4/2021
  • Issue No: 1
  • Page Range: 6-14
  • Page Count: 9
  • Language: Bulgarian
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