This study examines the development of pension systems based on the main classical models: capital-covering, cost-covering and mixed. Particular attention is paid to the types of pension savings, whereas analyzed in detail are corporate pension funds, independent pension funds and funds providing one-off lump sum at a certain age and upon retirement due to old age or disability. Presented are possible pension schemes and pension plans.
Publication Date : April 28, 2019
|EndNote||%0 International E-Journal of Advances in Social Sciences HISTORICAL DEVELOPMENT AND CHARACTERISTICS OF PENSION SYSTEMS %A Venelin Terziev %T HISTORICAL DEVELOPMENT AND CHARACTERISTICS OF PENSION SYSTEMS %D 2019 %J IJASOS- International E-journal of Advances in Social Sciences %P 2411-183X-2411-183X %V 5 %N 13 %R doi: 10.18769/ijasos.531372 %U 10.18769/ijasos.531372|