SWS Academic Research eLibrarySocial Sciences & Art

Scholarly record

POSSIBLE SOLUTIONS FOR INCREASING THE SUSTANABILITY OF THE SLOVAK PENSION SYSTEM – FIRST TIER (PAY AS YOU GO SYSTEM)

K. Svejnova Hoesova

First published: 2017https://doi.org/10.5593/sgemsocial2017/14/S04.081View metrics

Abstract

The main objective of this paper is to design mechanisms that would be applicable as solutions in the current economic conditions of the Slovak Republic to increase the sustainability of the first tier of the Slovak pension system. The wrong genetic code of the first tier, which was based on a pay as you go philosophy, was a significant cause of the annual increase of public debt. Part of the objective is also to analyse current approaches to the pension system with a focus on the history of political intervention from 2003. Deficiencies in the first tier of the Slovak pension system will be identified, methods for their elimination will be outlined and any potential effects of this elimination will also be identified. Based on this analysis we will propose our recommendations for increasing the sustainability of the first tier in the Slovak pension system. The paper will focus on the main pension system indicators, such as population demography, replacement rate, retirement age and pension indexation regards to retirement – income adequacy.

Publication Impact Profile

PlumX
No metrics available.
PLUMX see details

Publication details

Title
POSSIBLE SOLUTIONS FOR INCREASING THE SUSTANABILITY OF THE SLOVAK PENSION SYSTEM – FIRST TIER (PAY AS YOU GO SYSTEM)
Authors
K. Svejnova Hoesova
Proceedings
4th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2017
Publisher
STEF92 Technology
Year
2017
Pages
619-624
SWS Citekey
SvejnovaHoesova20174619624
ISSN
2367-5659
ISBN
978-619-7408-16-4
Language
en
Publication type
Proceedings Paper
Keywords
Pension systemDeficitRetirement ageReplacement rate
ReferencesPending
Pendingreferences will be imported from Crossref/SWS source data

Structured references will appear here after the reference import pass. The count is preserved now so the scholarly record is not incomplete.

View or Download full articleAccess options
Full paper accessChoose SWS login, librarian support, or instant article download.

SWS access login

Login as SWS Scientific Committee

Authors and approved SWS contributors will read and export their own linked papers after identity matching by SWS profile, email and SGEM GlobalID.

For librarian assistance: [email protected]

Purchase Instant Access

48-hour online accessComing soon
Online-only accessComing soon
Download the full article in PDF formatEUR 35
  • Article can be downloaded after successful payment.
  • Article may be used according to SWS library access terms.
  • Article cannot be redistributed.
Get full paper

Back to publication list