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Plamen Yordanov
Possibilities for Improving the Mechanism of Pensions’ Indexation for Employment in Bulgaria
Summary:
Upgrading (updating) pension payments is the process of adjusting their amount in accordance with the current parameters of the socioeconomic development of society in proportion to accumulated social security rights and using the correct set of principles, indicators, benchmarks, standards and mechanisms. Too often, however, achieving and maintaining a desired level of income and standard of living for pensioners is considered only from the perspective of underlying social patterns, without considering the specifics of the accumulation and transformation of social rights in the actual pension payments. The purpose of this paper is to highlight some guidelines for improving the mechanism for updating pension payments in Bulgaria based on a comparative analysis of the practice of updating pensions in social security systems in some European countries.
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Danail Vrachovski
Multi-fund organization of supplementary pension
Summary:
The article is an attempt to study the major issues related to the multi-fund organisation of the pension insurance system in Chile as a social protection model. In a strategic and hypothetical aspect the article reviews, the advantages and disadvantages which may accompany the introduction of the multi-fund system in Bulgaria. The major conclusions regarding the pension model in Bulgaria are related to the opportunities ensuring funds for the supplementary pension insurance at the stages of accumulation and payment of pension benefits.
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Plamen Yordanov, Margarita Nikolova, Zhaneta Angelova
ORGANIZATIONAL AND ECONOMIC CHARACTERISTICS OF COMPENSATIONS FOR TEMPORARY LOSS OF CAPACITY TO WORK
Summary:
The insurance for general diseases with temporary incapacity to work has specific features due to the specifics of the risk it covers. Such diseases are very frequent but usually mild and entail specific consequences, such as reduction or loss of income due to sick leaves. The object of research is the insurance for of general diseases and its subject is the organizational framework and the regulations regarding the benefits for temporary incapacity for work. The aim of this study is to investigate the organizational and economic characteristics of benefits for temporary incapacity for work due to general disease in certain of the European Union and formulate guidelines for organizational development and improvement of the social security system in Bulgaria.
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Taner Ismailov
Financial Aspects of Implementation of Social Policy in the Republic of Bulgaria During the Period 2000-2015
Summary:
The article studies the state and development trends in the social policy of the Republic of Bulgaria during the period 2000-2015. The significance of this study has been determined by the fact that in accordance with the Consolidated Fiscal Programme, the costs made by the state in order to keep its social policy and compared to its GDP over the same period, have ranged between the considerable 14.35% and 18.39%. During the analysed period the state was striving for expanding the scope and opportunities for development of the social policy. Despite the changes in the economic conjuncture, the amount of funds that have been spent on social protection has been growing, which is an irrefutable evidence of the stable and sustainable social policy of the Republic of Bulgaria.
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Mariam Voskanyan
FUNDED PENSION SYSTEM
OF ARMENIA: PROBLEMS, DEVELOPMENT PROSPECTS, ROLE IN ECONOMIC GROWTH
Summary:
The pension fund system, both in theory and in practice, solves many important problems from the point of view of the country's economic development. In particular, the social issue is being solved, in many respects it contributes to equalizing the incomes of the population, raising the level of the population of retirement age, and many other social and economic tasks. However, when it comes to developing markets, the funded pension system requires closer attention both from the side of supervision and from the point of view of the very mechanisms and principles for implementing the funded pension system in the country.
This study is devoted to the analysis of the funded pension system of the Republic of Armenia, in terms of the effectiveness of its investments and the impact on the country's economic growth.
