INPROFORUM Junior 2008

The reality of transformation pay as you go system old age pension scheme into the private funds
Jan Bednář

Language: cs
Last modified: 2013-08-02

Abstract


Transformation of the old age pension scheme is one of the most important subject matter of this time. The governments must solve the growth number of retirement age inhabitants in their countries. The transformation can be the solution old age pension scheme into the private funds. The article is speaking about some aspects of his transformation.


Keywords


transforamtion, old age pension scheme, pay as you go system, capital reserve system, operating costs, capitalization, costs of transformation

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