pensioneringssystem
A pensioneringssystem is a framework concerning income maintenance for individuals after retirement. It typically combines public, occupational, and private components to provide income at old age. The aim is to replace a portion of pre-retirement earnings and to reduce poverty among older adults.
The public pension is usually financed on a pay-as-you-go basis, with current workers' contributions funding current
Occupational pensions, often mandatory through collective agreements, may be defined-benefit or defined-contribution and can be funded
Eligibility depends on age and contribution history, and may include early or late retirement options with
Governance and design choices affect both adequacy and sustainability. Common reform topics include retirement age, parameterization
Key indicators include replacement rate (benefit relative to earnings), poverty risk among the elderly, coverage rate,