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supplementary savings needed to cover it. The issue of pension system income adequacy is first discussed, and the forecasted and … defined and the size of the gap is analyzed. The amount of savings needed to cover the pension gap is then computed. How … changes in the values of particular parameters influence the amount of monthly savings needed to cover the individual pension …
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, the public pension system cannot make the happiness level higher comparing to private savings. This paper concludes that …
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savings for old age in the EU member and candidate countries. The study was conducted in two stages. The first stage examined … the interrelationship between public pension schemes and household savings based on Pearson's correlation coefficients. In … address the role of private savings in supplementing households' future income from public pension schemes, considering the …
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The main purpose of minimum pension benefit programs and old-age social assistance programs is to guarantee a minimum standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the minimum pension program is a key welfare program and...
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