Age as a Determinant of Pensions for Insurance Periods and Old Age in Bulgaria Cover Image

Age as a Determinant of Pensions for Insurance Periods and Old Age in Bulgaria
Age as a Determinant of Pensions for Insurance Periods and Old Age in Bulgaria

Author(s): Plamen Yordanov
Subject(s): Family and social welfare, Welfare services, Public Finances
Published by: Стопанска академия »Д. А. Ценов«
Keywords: pension insurance;old age insurance;age;pensions for insurance period and age;average life expectancy after retirement;H55;

Summary/Abstract: Age is one of the qualifying conditions which entitle insured persons to receive cash benefits from insurances for old age. Nevertheless, at this stage, the practice of linking the amount of pensions to the age at which they are awarded is rather limited in pensions insurance practice. The objective of this research is to study the significance of age to the pension insurance systems of EU states and hence propose a mechanism which makes it possible to link the amount of pensions for insurance periods and age in Bulgaria to the average life expectancy afterretirement.

  • Issue Year: 24/2014
  • Issue No: 3
  • Page Range: 15-33
  • Page Count: 19
  • Language: English