Second‐pillar pensions in Central and Eastern Europe: Payment constraints and exit options

During 1998–2007, a majority of Central and Eastern European (CEE) governments enacted laws obligating workers to save for retirement in privately managed individual accounts. The governments funded these accounts with a portion of public pension revenues, thus creating or increasing deficits in pub...

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Bibliographic Details
Published in:	International social security review (English edition) Vol. 72; no. 2; pp. 3 - 22
Main Authors:	Fultz, Elaine, Hirose, Kenichi
Format:	Journal Article
Language:	English
Published:	Geneva Blackwell Publishing Ltd 01.04.2019
Subjects:	Accounts annuity annuité anualidad Benefits Capital Constraints Eastern Europe Economic crisis Employee benefits Employers Europa Europa Oriental Europe Europe orientale Finance Financial support Inflation International finance Leibrente Lump sums Osteuropa pension scheme Pensions Public debt Public finance Reform der sozialen Sicherheit reforma de la seguridad social Rentensystem Retirement réforme de la sécurité sociale régime de pension régimen de pensión Savings Social security social security reform Workers Europe
ISSN:	0020-871X, 1468-246X
Online Access:	Get full text
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