CHALLENGES AND INFLUENCE OF PENSION REFORM: GEORGIAN CASE

Nika Chitishvili

Abstract


The given article below illustrates changes in Georgian pension system. The article gives information about short historical review of Georgian pension scheme and also economical analyze of the new pension system, possible results and challenges that are related to the successful implementation of the project that could cause economic development and growth of well-being of pension package users.


Keywords


Ageing Pension, Economic Reforms, Georgian Economy, Pension Reform, Pension System

References


• Demna Devdariani - Analysis of Pensions System Reform;Agnieszka Chlo´n-Domi´nczak and Marek Góra - The NDC System in Poland: Assessment after Five Years;

• The Law of Georgia on State Pensions (2005);

• Law of Georgia on Accumulated Pension System (2017);

• Law of Georgia on the Rule of Calculation of Minimum Wage (1997);

• Social Service Agency Annual Report (2009-2016);

• Nino Kalandadze - accumulative pension system in foreign countries (2013);

• Pension Reform of Georgia - 2016 Ministry of Economy and Sustainable Development of Georgia;

• Mikhail Djibouti - State Securities in Georgia: Challenges and Perspectives (2015);

• James Van Horne - Fundamentals of Financial Management;

• Robert Holzmann; Edward E Palmer - Pension Reform : cIssues and Prospects for Non-Financial Defined Contribution (NDC) Schemes;

• Marcin Kaczmarczyk – Three pillar pension system in Poland (2014);

• http://geostat.ge/?action=page&p_id=199〈=geo (accessed 02/03/2019)


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