Altıok, Hasan Ulaş; Jenkins, Glenn P. - 2011
This paper estimates the fiscal burden of the Pay-As-You-Go (PAYGO) civil service pension systems that were closed in … 2008 to new members in North Cyprus. At that time, a new pension system was introduced for the newly hired government … contributions and the pension benefits. This approach measures the government's net liabilities related to the accruals of the …