CONCEPTUAL FOUNDATIONS OF EFFICIENCY IN PUBLIC PENSIONS

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CONCEPTUAL FOUNDATIONS OF EFFICIENCY IN PUBLIC PENSIONS

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Title: CONCEPTUAL FOUNDATIONS OF EFFICIENCY IN PUBLIC PENSIONS
Author: Nenkova, Tsvetelina
Abstract: This article examines the efficiency of public pensions. The need for an efficiently functioning pension system is highlighted based on the theoretical foundations of pension social security concepts such as: ‘welfare for the elderly’, ‘retirement insurance’ a factor for increasing the ‘productivity of labour’, a form of ‘return on human capital nvestment’, a solution to the ‘prodigal father’ problem and ‘longevity insurance’.
URI: http://hdl.handle.net/10610/1580
Date: 2013


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Стопанска академия "Димитър А. Ценов" - Свищов