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  • Adequacy of Retirement Income after Pension Reforms in Central, Eastern and Southern Europe

Adequacy of Retirement Income after Pension Reforms in Central, Eastern and Southern Europe

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Pension reforms in former transition economies aimed to fiscal sustainability and market economy objectives. Estimating the gross and net replacement rates in 9 countries for steady conditions until 2040 show that they are adequate for most categories of workers, with the exception of those with intermittent or no formal sector employment.
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