The Financial Sustainability of the Portuguese Social Security System

Carlos Manuel Pereira da Silva, João Paulo Tomé Calado and Maria Teresa Garcia ()
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Carlos Manuel Pereira da Silva: School of Economics and Management, Technical University of Lisbon, Portugal
João Paulo Tomé Calado: School of Economics and Management, Technical University of Lisbon, Portugal

The Geneva Papers on Risk and Insurance - Issues and Practice, 2004, vol. 29, issue 3, 417-439

Abstract: This paper analyses the account of the benefits sub-system as well as its impact on the portfolio of Social Security Trust Fund (“FEFSS”). Section 2 describes state social security and the account projections of the benefits sub-system. Section 3 analyses the actuarial and financial equilibrium of the system in the short and long term and the fund's assets. Section 4 concludes. The Geneva Papers on Risk and Insurance (2004) 29, 417–439. doi:10.1111/j.1468-0440.2004.00295.x

Date: 2004
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