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Slovak Republic

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Abstract:

The earnings‐related, public scheme is similar to a points system, with benefits that depend on individual earnings relative to the average. There is no minimum pension, but low‐income workers are protected by a minimum amount of earnings on which pension is calculated. All pensioners are eligible for social assistance benefits. Defined‐contribution plans were introduced at the beginning of 2005.

Document Type: Review Article

Publication date: 2007-06-01

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