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Compulsory Saving Pension Scheme – Challenges and International Practices
Compulsory Saving Pension Scheme – Challenges and International Practices
10-Dec-2015

Society was always facing material security issue. Conventional approach, market mechanisms were unable to solve all the problems, so the state took responsibility for it. As a result, new challenges raised, that were exacerbated by the latest demographic trends and put under risk future sustainability of the state pensions system. The threat became a basis for the new reforms, including introduction of private pension savings.