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Challenges in Slovak PAYG and DC Schemes
Title Challenges in Slovak PAYG and DC Schemes Author info Ján Šebo, Ľubica Šebová, Tomáš Virdzek Author Šebo Ján 1978- (50%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja
Co-authors Šebová Ľubica 1978- (30%) UMBEF01 - Katedra cestovného ruchu
Virdzek Tomáš 1982- (20%) UMBEF14 - Inštitút ekonomických vied
Source document Finance and risk 2014 : proceedings of the 16th international scientific conference, Bratislava 24 - 25 November 2014, Vol. 1. S. 240-249. - Bratislava : Ekonóm, 2014 / Alexy Martin ; Beličková Kornélia ; Finance and risk 2014 international scientific conference Keywords vyvážený systém neistota - uncertainty automatic balance mechanism PAYG system Language English Country Slovak Republic systematics 331 Annotation Article deals with the challenges in Slovak unfunded quasi DB PAYG and funded DC pension schemes under the uncertainty and non-existence of automatic balance mechanism (ABM. By uncovering theoretical knowledge on ABM for PAYG schemes, we focus on its ability to overcome political risks and costs of stabilization the PAYG system in short and long run. Further, we present developed ABM model into specific conditions of Slovak PAYG scheme and test its ability to balance PAYG system on cash and accrual basis. At the same time, we present the level of uncertainty tied to the passive saving strategy for savers contribution into the Ibis funded DC scheme. Public work category AFD No. of Archival Copy 34269 Catal.org. BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici Database xpca - PUBLIKAČNÁ ČINNOSŤ 
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