What's happening in Croatia

Article Abstract:

Croatia, in a move aimed at overhauling an ailing State social security system, has implemented its own version of radical pension reforms. The reforms, which are based on the three-pillar model espoused by the World Bank, became effective in Jan 1999. The strategy involves the creation of an unfunded pension arrangement with the State, the first pillar, and the establishment of both a compulsory and voluntary private-sector contribution arrangement, the second and third pillars.

Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs), Croatia, Admin. of social & manpower programs, Social Security Administration, Pension Fund Administration, Social policy, Pension funds, Social security, Financial management

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How much risk can an individual take?

Article Abstract:

Issues are presented concerning the level of risk which can be taken by individual employees who are participating in a 401(k) type of retirement plan arrangement. The responsibilities of employees are discussed.

Retirement Benefits, Management, Economic aspects, Compensation and benefits, Risk management, Salary reduction savings plans, 401K plans, Workers

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What's happening in Israel

Article Abstract:

Changes in the rules and laws governing the pensions market in Israel are discussed. The types of retirement funds available to retirees and changes in the taxation of retirement benefits are explained.

Israel, Pensions, Tax policy

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