El desarrollo de las EPSV de empleo e individuales en el País Vasco
Clara Izurieta and
Iñaki Zabala
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Clara Izurieta: Consultora en IKEI Research & Consultancy
Iñaki Zabala: Socio Director de Newfield Consulting en España
EKONOMIAZ. Revista vasca de Economía, 2014, vol. 85, issue 01, 95-116
Abstract:
On the expiry of the term of the Basque supplementary social welfare provision plan, we assess its implementation and level of development compared to the goals set for it. Specifically, it was intended that 70% of those in work should generate a supplementary pension of at least 20% of their earnings as the salaried workers, professionals or entrepreneurs. Current estimates indicate that only 30% of those included in the target figure of 70% (i.e. 21% of the total) appear to be, in one way or the other, in a position to attain that target. A further 30% make significant contributions to supplementary social welfare provisions but fall well short of the target figure. The remaining 40% have no significant plans at all. In short, we are far from meeting the targets set, though this can be attributed in part to policies and commissions on investment management rather than to a lack of contributions.
Keywords: complementary funded pensions; occupational pension system (search for similar items in EconPapers)
JEL-codes: G23 H55 J32 (search for similar items in EconPapers)
Date: 2014
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