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When the challenges of population aging are being debated, the uncertain future of pension systems is a topic of high priority and large controversy. The aim of this chapter is not to provide a “consensus view” on social security and public insurance in aging populations but to put structure...
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supplementary savings needed to cover it. The issue of pension system income adequacy is first discussed, and the forecasted and … defined and the size of the gap is analyzed. The amount of savings needed to cover the pension gap is then computed. How … changes in the values of particular parameters influence the amount of monthly savings needed to cover the individual pension …
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, the public pension system cannot make the happiness level higher comparing to private savings. This paper concludes that …
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savings for old age in the EU member and candidate countries. The study was conducted in two stages. The first stage examined … the interrelationship between public pension schemes and household savings based on Pearson's correlation coefficients. In … address the role of private savings in supplementing households' future income from public pension schemes, considering the …
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-related questions is stronger in the presence of an underfunded public pension system, where current pensions are paid for by current …
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