Private Pensions Series No. 06: Supervising Private Pensions: Institutions and Methods: The Structure and Functions of the Supervisory Regime of Retirement Income Provision in the Republic of Bulgaria
The old pay‐as‐you‐go (PAYG) system based on the use of social insurance contributions of the workforce to finance the pension payments for pensioners proved to be unsustainable and has been replaced by a new system whose main objective is to insure a sustainable social insurance for people born...
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Document Type: Review Article
Publication date: December 1, 2004