In what sense is there a pensions 'time bomb'?

Business & Finance, Finance & Investing, Finance
Cover of the book In what sense is there a pensions 'time bomb'? by Kristian Kanthak, GRIN Publishing
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Author: Kristian Kanthak ISBN: 9783638166324
Publisher: GRIN Publishing Publication: January 23, 2003
Imprint: GRIN Publishing Language: English
Author: Kristian Kanthak
ISBN: 9783638166324
Publisher: GRIN Publishing
Publication: January 23, 2003
Imprint: GRIN Publishing
Language: English

Seminar paper from the year 2002 in the subject Economics - Finance, grade: 1,0, University of St Andrews (Department of Economics), course: Public Finance, 10 entries in the bibliography, language: English, abstract: This essay discusses the weaknesses of current public pension systems and derives suggestions for improvements. Starting with an analysis of the existing pay-as-you-go systems by describing the functionality and economic conditions required to make such a system work, it states that the former systems are not appropriate anymore due to major changes in the ecomomic environment (eg. demographic change). Taking the ongoing, significant changes in the most important variables that affect a pension system as given, it shows how future pnesion systems should be shaped.

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Seminar paper from the year 2002 in the subject Economics - Finance, grade: 1,0, University of St Andrews (Department of Economics), course: Public Finance, 10 entries in the bibliography, language: English, abstract: This essay discusses the weaknesses of current public pension systems and derives suggestions for improvements. Starting with an analysis of the existing pay-as-you-go systems by describing the functionality and economic conditions required to make such a system work, it states that the former systems are not appropriate anymore due to major changes in the ecomomic environment (eg. demographic change). Taking the ongoing, significant changes in the most important variables that affect a pension system as given, it shows how future pnesion systems should be shaped.

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