Record Details


Field	Value

Title	Does the Albanian pension system work?

Creator	Edlira Luci; University of Tirana Dorina Kripa; University of Tirana

Description	This article analyses the reforms in the pension scheme in Albania during the transition period. An analysis of changes experienced by the performance of the social insurance scheme reveals that, so far, the system is almost entirely dominated by the public scheme “pay as you go”, which for the moment is facing serious challenges. The results of the prognoses show that that these problems will accompany the scheme in the future too. Under these circumstances, it can be inferred that, in addition to the application of parametric modifications to the public scheme in order to strengthen its financial stability, the initiation of a more radical reform in the pension system is becoming crucial. The same conclusion has been reached by many countries which have completed this reform. The paper concludes with some recommendations on how to carry out the reform of the public pension scheme and the proposes the introduction of a multicolumn pension system.

Publisher	Editura Universitatii Ştefan cel Mare din Suceava

Contributor	—

Date	2011-04-12

Type	— —

Format	application/pdf

Identifier	http://www.seap.usv.ro/annals/ojs/index.php/annals/article/view/243

Source	The USV Annals of Economics and Public Administration; Vol 10, No 1: June 2010; 35-45 The USV Annals of Economics and Public Administration; Vol 10, No 1: June 2010; 35-45

Language	en

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