[go: up one dir, main page]

  EconPapers    
Economics at your fingertips  
 

Pension System of Belarus: Current State and Necessity for Reforms

Kateryna Bornukova, Katerina Lisenkova and Anastasia Luzgina ()
Additional contact information
Anastasia Luzgina: Belarusian Economic Research and Outreach Center (BEROC)

No 30, BEROC Policy Paper Series from Belarusian Economic Research and Outreach Center (BEROC)

Abstract: The pension system of Belarus is inherited from USSR. It is gender-biased and does not contribute to economic development. Obsolescence of the system and demographic situation in Belarus make pension system reforms inevitable. Under the current pension system the deficit of the Pension fund will reach 1.8% of GDP by 2020. Transition to the fully-funded pension system is not possible until macroeconomic stabilization is achieved. In the medium term only parameters of current pension system can be reformed. Equating of retirement age of females and males with gradual increase of pension age to 65/65 is the most effective measure among all available alternatives. It will provide not only the financial stability of the Pension fund, but will also increase labor force participation, which will become the engine of economic growth.

Pages: 45 pages
Date: 2015-09
New Economics Papers: this item is included in nep-age, nep-cis and nep-tra
Note: in Russian
References: Add references at CitEc
Citations:

Downloads: (external link)
http://eng.beroc.by/webroot/delivery/files/Microso ... larus_final.docx.pdf First version, 2015 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to eng.beroc.by:80 (No such host is known. )

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bel:ppaper:30

Access Statistics for this paper

More papers in BEROC Policy Paper Series from Belarusian Economic Research and Outreach Center (BEROC) Contact information at EDIRC.
Bibliographic data for series maintained by Svetlana Yakubovskaya ().

 
Page updated 2024-08-12
Handle: RePEc:bel:ppaper:30