| Title |
Pensijų sistemos tvarumas ir jos dalyvių interesai / |
| Translation of Title |
Sustainability of pension systems and interests of their participants. |
| Authors |
Azguridienė, Guoda |
| DOI |
10.15388/Polit.2010.4.8292 |
| Full Text |
|
| Is Part of |
Politologija / Vilniaus universitetas.. Vilnius : Vilniaus universiteto leidykla. 2010, nr. 4, p. 142-172.. ISSN 1392-1681 |
| Abstract [eng] |
The benefits of structural reform come up in long run and are dispersed among different groups. This does not motivate politicians to introduce structural changes. The article concludes that first of all it is very important to realize interest contradictions of pension system participants as well as to stop describing public pension system as life-time income guarantee. Such guaranty can not be created both in general (due to nature of our existence) and in particular by mandatory public means (due to inherent inefficiency of such undertakings). However, while public demand for social security illusion exists and it fits well with political interests, the only pragmatic trend is one propagated by Word Bank – to increase pension scheme diversification that makes PAYG pillar less dominating. It shall be gradually replaced by the schemes, where choice is established instead of obligation and individual, family or unenforced community is approached instead of statistical unit of population. |
| Published |
Vilnius : Vilniaus universiteto leidykla |
| Type |
Journal article |
| Language |
Lithuanian |
| Publication date |
2010 |
| CC license |
|
