A possible and desirable pension system:
Gespeichert in:
Hauptverfasser: | , |
---|---|
Format: | Buch |
Sprache: | English Hungarian |
Veröffentlicht: |
Boulder, Colo.
Social Science Monographs
2009
|
Schriftenreihe: | East European monographs
742 |
Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | Includes bibliographical references |
Beschreibung: | 181 S. graph. Darst. |
ISBN: | 9780880336406 |
Internformat
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650 | 4 | |a Pensions / Developed countries | |
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Datensatz im Suchindex
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adam_text | Titel: A possible and desirable pension system
Autor: Banyár, Jósef
Jahr: 2009
A POSSIBLE AND DESIRABLE PENSION SYSTEM
TABLE OF CONTENTS
Introduction 13
The Development of Pension Systems and Their Place
in the Individual Life Cycle 15
Historico-Logical Background to the Development
of Pension Systems 15
Basic Assumptions of Pension Systems 20
Pension and the Individual Life Cycle 23
A Short History of the Hungarian Pension System 25
A Brief Description of Existing Old-Age Pension Schemes 29
Aspects of Grouping Pension Schemes 29
The Best-Known Pension Schemes 34
Basic Old-Age Benefit 35
The Pay-as-You-Go System 37
The German Pension System 39
The Employer-Organized Pension Scheme 42
A Comparison of Pay-as-You-Go and Funded Systems 44
The Level of Contributions 45
A Comparison of Différent Pension Schemes 47
The Microeconomic Effect of Pension Systems 50
Pension Systems in theCountries of the European
Community 52
A Short Description of the Current Hungarian Pension
System 55
Challenges Currently Faced by Pension Systems 59
Démographie Challenges 59
Labour Market Challenges 65
Relationship Between Pension Schemes and Public Debt 68
Relationship Between Globalization and Welfare Systems 70
Challenges Facing the Présent Hungarian Pension System 72
Changes in the Structure of Employment 75
A POSSIBLE AND DESIRABLE PENSION SYSTEM
Impact of the Change in the Political Regime on the
Pension System 75
The 1997 Pension Refotm - Problems Resolved and
Unsolved 76
A Possible Answer to the Challenges 77
Introduction to the Notionaly Defined Contribution
(NDC) System 77
Provisions 78
Other Features of the NDC System 81
Reserve 81
Transition from the Old System to the New 81
Rules of Transition 82
Conceptual Problems Related to Pension Systems 84
What is a Pension System for? 84
Solidarity and Correctness 85
The Pension System and Individual Motivation 90
Problems Associated with the Pay-as-You-Go System 92
What Does the Term Pay-as-You-Go System Mean? 93
The Pay-as-You-Go System and Correctness 93
Traditional Arguments on the Side of the Pay-as-You-Go
System 96
The Pay-as-You-Go System as Unsolved Debt Crisis 100
The Missing Protection Ring 101
The Explicit Funding of Pay-as-You-Go Systems 102
Being Covered, Implicit State Debt 103
The Desirable Level of State Debt 105
There Is no Need to Roll the State Debt Forward 107
A Correct Pay-as-You-Go System. - The Method of Funding 108
The Possible Social Security Systems of the Future 110
A Desirable Pension System 113
The Main Goals of Transforming the Pension System 114
The Structure of the Pension System 120
Pillar 0: The Support System 124
Pillar 1: The Fund Account System 125
Cash Flow in the Fund Account System 127
The Content of the Fund Account, Movements
on the Account and the Movements of the Account 129
Problems Related to Contribution Payments 134
Pillar II and Other Pillars: Individual Funding 137
A POSSIBLE AND DESIRABLE PENSION SYSTEM 7
The Benefit: The Annuity 139
Relationship Between the Pension System and Other
Systems 145
Switch to the New System 148
Institutional and Législative Background 151
Possible Further Development of the System 152
The Environment and Effect of the Pension System
and an Alternative to It 154
The Environment Required by Funded Systems 155
Created by the State 155
International Environment 159
Regulating the Retirement Age - Relativization 155
Solidarity between Genders 156
Necessary Institutions 157
Other State-Controlled Subsystems That Must Be
in Tune with the Pension System 157
The State as a Final Guarantor 158
An Alternative to the Pension System 163
Glossary of Terms 165
Références 167
Notes 173
LIST OF FIGURES AND TABLES
Table 1. Development of pension systems 20
Table 2. Public expenditure as a percentage of GDP 21
Table 3. Government spending on social programmes
as a percentage of GDP, 1998 22
Table 4. The structure of government expenditure
as a percentage of GDP, 2000 22
Table 5. Total government expenditure 1982, year of
maximum spending ratio, 2002 (as percentage of GDP) 23
Figure 1. Break up of standardiyed life cycle
(relationship between income and consumption) 24
Figure 2. The cash flow of the life cycle 24
Table 6. Number of people in Hungary eligible for social
security 26
Table 7. Number of retired, annuitants over time (thousand) 26
Table 8. The necessary contribution level by risk (%) 27
Table 9. Disability and accidental disability pension levels at
ONYF offices, as ratio of the population in the given county,
2000 27
Table 10. Annual average of registered unemployment rate
by county 27
Table 11. Financing and provision of benefits in pension
schemes 29
Table 12. Types of pension schemes 29
Table 13. Compulsory national pension systems and redistribution 30
Table 14. The usual division of multi-pillar pension systems 31
Table 15. A comparison of insurance and tax systems 33
Table 16. Typology of pension schemes 33
Table 17. Financing and management in pension insurance 34
Table 18. Basic provisions of social security in EU countries and
Retirement age for basic provision (cannot be taken earlier) 35
Table 20. Financing of the UK pension system in 1999 37
Table 21. Role of the supplementary pension scheme 42
10 LISTOFFIGIRESANDTABLES
Table 22. Capital of the supplementary scheme 43
Table 23. Structure of pension systems in European countries
and the US 43
Table 24. Necessary contributions in pay-as-you-go and funded
systems, using different economic and demographic
assumptions 45
Table 25. The effect of changes in post-retirement mortality
on contributions in pay-as-you-go and funded systems 45
Table 26. Wage increases, interest rates and the resulting
contribution in a hypothetic IS (individual savings) system
in four OECD countries 46
Table 27. Inflation, wage increases, interest rates (data corrected
for inflation) in four OECD countries (in %) 46
Table 28. Pension schemes in certain countries of the European
Community (Pillar I) 53
Table 29. Indexation and taxation in the European Community 54
Table 30. Average age of retirement (1998) 54
Table 31. Expenditure of social security pension schemes as a
percentage of GDP (1998) 55
Table 32. Gross wage deductions (contributions, taxes and other
payslip deductions), 1990-2002 58
Table 33. Ratio of the population over 65 receiving benefits,
in 1939 61
Table 34. Old-age dependency ratio in the EU 61
Table 35. Total fertility rate 62
Table 36. Life expectancy at birth (Men) 62
Table 37. Life expectancy at birth (Women) 63
Table 38. Life expectancy over 65, 1996 63
Table 39. Ratio of people over 65 compared to people between
15and64(%) 63
Table 40. Average size of households (number of persons per
household) 64
Table 41. Ratio of part-time employees in the EU (1995) 66
Table 42. Ratio of short part-time employment (less than
20 hours) within part-time employment (less than 34 hours) 66
Table 43. Ratio of part-time employees according to working
hours per week (1996) 67
Table 44. Older men in the labour market, employment among
55-64-year-old men (%) 67
Table 45. Impact of flexible labour market on the social security
system 68
LIST OF FIGURES AND TABLES 1 1
Table 46. Accumulated entitlements for pension, as percentage of
GDP 69
Table 47. Changes in the inequality of income 70
Table 48. Age composition of the population by age groups,
as % of the total population 72
Table 49. Age composition, dependency rate, index of ageing 73
Table 50. Life expectancy at birth and at 60 years of age 74
Table 51. Indicators of live births and fertility 74
Table 52. Economic activity of the population between
15 and 74 years of age 75
Table 54. Contributions in Italy, Latvia, Poland and Sweden 78
Table 55. Divisor of pension formula and indexation of pensions 79
Figure 3. Basic pension in Sweden
(a unit is SKR 36,400/2001) 80
Table 56. Rules of transition to the NDC system 82
Table 57. Interest payable without capital repayment 107
Table 58. Interest payable with capital repayment 107
Table 59. Ratio of payments as a function of the term 108
Figure 4. The cash flows of the fund account system 127
Fable 60. Necessary level of contribution by risk (%) 147
|
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author | Banyár, Jósef Mészáros, József |
author_facet | Banyár, Jósef Mészáros, József |
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spelling | Banyár, Jósef Verfasser aut A possible and desirable pension system József Banyár and József Mészáros Boulder, Colo. Social Science Monographs 2009 181 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier East European monographs 742 Includes bibliographical references Pensions / Developed countries Pensions / Developing countries Pensions / Hungary Pensions / Government policy / Developed countries Pensions / Government policy / Developing countries Pensions / Government policy / Hungary Gesetzliche Rentenversicherung stw Industriestaaten stw Rentenfinanzierung stw Rentenpolitik stw Ungarn stw Vergleich stw Entwicklungsländer Politik Wirtschaft Wirtschaftspolitik Pensions Government policy Developed countries Pensions Government policy Developing countries Pensions Government policy Hungary Pensions Developed countries Pensions Developing countries Pensions Hungary Rentenversicherung (DE-588)4049507-3 gnd rswk-swf Wirtschaftspolitik (DE-588)4066493-4 gnd rswk-swf Hungary / Economic conditions Hungary / Economic policy Ungarn Hungary Economic conditions Hungary Economic policy Ungarn (DE-588)4078541-5 gnd rswk-swf Ungarn (DE-588)4078541-5 g Wirtschaftspolitik (DE-588)4066493-4 s Rentenversicherung (DE-588)4049507-3 s DE-604 Mészáros, József Verfasser aut East European monographs 742 (DE-604)BV000894244 742 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017556725&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Banyár, Jósef Mészáros, József A possible and desirable pension system East European monographs Pensions / Developed countries Pensions / Developing countries Pensions / Hungary Pensions / Government policy / Developed countries Pensions / Government policy / Developing countries Pensions / Government policy / Hungary Gesetzliche Rentenversicherung stw Industriestaaten stw Rentenfinanzierung stw Rentenpolitik stw Ungarn stw Vergleich stw Entwicklungsländer Politik Wirtschaft Wirtschaftspolitik Pensions Government policy Developed countries Pensions Government policy Developing countries Pensions Government policy Hungary Pensions Developed countries Pensions Developing countries Pensions Hungary Rentenversicherung (DE-588)4049507-3 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd |
subject_GND | (DE-588)4049507-3 (DE-588)4066493-4 (DE-588)4078541-5 |
title | A possible and desirable pension system |
title_auth | A possible and desirable pension system |
title_exact_search | A possible and desirable pension system |
title_full | A possible and desirable pension system József Banyár and József Mészáros |
title_fullStr | A possible and desirable pension system József Banyár and József Mészáros |
title_full_unstemmed | A possible and desirable pension system József Banyár and József Mészáros |
title_short | A possible and desirable pension system |
title_sort | a possible and desirable pension system |
topic | Pensions / Developed countries Pensions / Developing countries Pensions / Hungary Pensions / Government policy / Developed countries Pensions / Government policy / Developing countries Pensions / Government policy / Hungary Gesetzliche Rentenversicherung stw Industriestaaten stw Rentenfinanzierung stw Rentenpolitik stw Ungarn stw Vergleich stw Entwicklungsländer Politik Wirtschaft Wirtschaftspolitik Pensions Government policy Developed countries Pensions Government policy Developing countries Pensions Government policy Hungary Pensions Developed countries Pensions Developing countries Pensions Hungary Rentenversicherung (DE-588)4049507-3 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd |
topic_facet | Pensions / Developed countries Pensions / Developing countries Pensions / Hungary Pensions / Government policy / Developed countries Pensions / Government policy / Developing countries Pensions / Government policy / Hungary Gesetzliche Rentenversicherung Industriestaaten Rentenfinanzierung Rentenpolitik Ungarn Vergleich Entwicklungsländer Politik Wirtschaft Wirtschaftspolitik Pensions Government policy Developed countries Pensions Government policy Developing countries Pensions Government policy Hungary Pensions Developed countries Pensions Developing countries Pensions Hungary Rentenversicherung Hungary / Economic conditions Hungary / Economic policy Hungary Economic conditions Hungary Economic policy |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017556725&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
volume_link | (DE-604)BV000894244 |
work_keys_str_mv | AT banyarjosef apossibleanddesirablepensionsystem AT meszarosjozsef apossibleanddesirablepensionsystem |