Home
Policy papers
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.

 

 

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.