On the Need for Prevention in the Pension System on the Example of the Demographic Reserve Fund

Obidziński Piotr
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Obidziński Piotr: Department of Insurances and Capital Markets, Faculty of Economics and Management, University of Szczecin, Mickiewicza 64, 71-101 Szczecin

Folia Oeconomica Stetinensia, 2010, vol. 9, issue 1, 179-189

Abstract: The subject of this paper is the Demographic Reserve Fund (DRF) which was established following the November 11th 1998 legal act of on the system of social security. The goal of the paper is the analysis and diagnosis of as well as the forecast for the Fund's demand for the financial means that have emerged after ageing demographic boom generation started entering the retirement age. The forecast is based on the assumptions referring to the demographic, social and economic situation of the country. These assumptions particularly refer to fertility, mortality, economic growth, earnings growth, migration, inflation, unemployment rate, structure of the population with respect to occupational groups and groups being beyond the labor force, indicators of valorization of premiums paid and services from social security, etc.

Keywords: forecast; projection; the Demographic Reserve Fund; demography; social security; retirement; baby boom; forecast; projection; the Demographic Reserve Fund; demography; social security; retirement; baby boom (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:foeste:v:9:y:2010:i:1:p:179-189:n:9

DOI: 10.2478/v10031-010-0012-8

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