OECD Reviews of Pension Systems: Latvia:
This report assesses the performance of all components of Latvia's pension system. Latvia was the first country to fully implement a non-financial (notional) defined contribution (NDC) scheme in 1996. A funded mandatory earnings-related scheme complemented NDC since 2001. Voluntary private pens...
Gespeichert in:
Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2018
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Schriftenreihe: | OECD Reviews of Pension Systems
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Schlagworte: | |
Online-Zugang: | kostenfrei |
Zusammenfassung: | This report assesses the performance of all components of Latvia's pension system. Latvia was the first country to fully implement a non-financial (notional) defined contribution (NDC) scheme in 1996. A funded mandatory earnings-related scheme complemented NDC since 2001. Voluntary private pensions cover only limited number of people. Over the last 20 years, the severe economic crisis, population ageing and strong emigration have revealed both strengths and weaknesses of the Latvian pension system. The review assesses also the minimum and basic pension schemes which provide the first-layer of protection against the old age poverty especially for those with short or patchy careers. Separate analysis focuses on the disability and early retirement schemes, including the schemes for workers in arduous and hazardous occupations. The detailed analysis leads to tailored recommendations on how to improve the performance of each element as well as the pension system as a whole |
Beschreibung: | 1 Online-Ressource (168 Seiten) 21 x 28cm |
ISBN: | 9789264289390 |
DOI: | 10.1787/9789264289390-en |
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isbn | 9789264289390 |
language | English |
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physical | 1 Online-Ressource (168 Seiten) 21 x 28cm |
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publishDate | 2018 |
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series2 | OECD Reviews of Pension Systems |
spelling | OECD Reviews of Pension Systems: Latvia Organisation for Economic Co-operation and Development Paris OECD Publishing 2018 1 Online-Ressource (168 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier OECD Reviews of Pension Systems This report assesses the performance of all components of Latvia's pension system. Latvia was the first country to fully implement a non-financial (notional) defined contribution (NDC) scheme in 1996. A funded mandatory earnings-related scheme complemented NDC since 2001. Voluntary private pensions cover only limited number of people. Over the last 20 years, the severe economic crisis, population ageing and strong emigration have revealed both strengths and weaknesses of the Latvian pension system. The review assesses also the minimum and basic pension schemes which provide the first-layer of protection against the old age poverty especially for those with short or patchy careers. Separate analysis focuses on the disability and early retirement schemes, including the schemes for workers in arduous and hazardous occupations. The detailed analysis leads to tailored recommendations on how to improve the performance of each element as well as the pension system as a whole Finance and Investment Social Issues/Migration/Health Latvia https://doi.org/10.1787/9789264289390-en Verlag kostenfrei Volltext |
spellingShingle | OECD Reviews of Pension Systems: Latvia Finance and Investment Social Issues/Migration/Health Latvia |
title | OECD Reviews of Pension Systems: Latvia |
title_auth | OECD Reviews of Pension Systems: Latvia |
title_exact_search | OECD Reviews of Pension Systems: Latvia |
title_exact_search_txtP | OECD Reviews of Pension Systems: Latvia |
title_full | OECD Reviews of Pension Systems: Latvia Organisation for Economic Co-operation and Development |
title_fullStr | OECD Reviews of Pension Systems: Latvia Organisation for Economic Co-operation and Development |
title_full_unstemmed | OECD Reviews of Pension Systems: Latvia Organisation for Economic Co-operation and Development |
title_short | OECD Reviews of Pension Systems: Latvia |
title_sort | oecd reviews of pension systems latvia |
topic | Finance and Investment Social Issues/Migration/Health Latvia |
topic_facet | Finance and Investment Social Issues/Migration/Health Latvia |
url | https://doi.org/10.1787/9789264289390-en |