PROBLEMS OF PENSION AND DISABILITY INSURANCE COVERAGE IN BOSNIA AND HERZEGOVINA
Low level of pension and disability insurance coverage in Bosnia and Herzegovina is one of the crucial issues related to sustainability of the systems. The immediate consequence of low level coverage is loss of contribution revenue which triggers all the negative consequences of unfavorable rati...
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| Format: | Article |
| Language: | deu |
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University of Mostar, Faculty of Humanities and Social Sciences
2011-01-01
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| Series: | Hum |
| Subjects: | |
| Online Access: | https://hum.ff.sum.ba/wp-content/uploads/2018/10/Humdec2011_384_404.pdf |
| _version_ | 1827275968870350848 |
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| author | Nikolina Obradović |
| author_facet | Nikolina Obradović |
| author_sort | Nikolina Obradović |
| collection | DOAJ |
| description | Low level of pension and disability insurance coverage in Bosnia and
Herzegovina is one of the crucial issues related to sustainability of the
systems. The immediate consequence of low level coverage is loss of contribution
revenue which triggers all the negative consequences of unfavorable
ratio of contributors towards pensioners. Moreover, low coverage
is one of the major indicators of social exclusion of a large number of
elderly people in the future and social exclusion of working population
at present. The World Bank experts claim that countries with low level of
gross domestic product per capita have low level of pension insurance coverage
and vice versa. This theory is tested and confirmed by correlation
analysis of pension system coverage rate and gross domestic product per
capita in Bosnia and Herzegovina for period from 1970 to 1990. Estimate
and analysis of coverage for the post war period was done on the basis
of pension system data and Labor Market Survey population estimate.
Low level of pension system coverage in Bosnia and Herzegovina is conditioned
upon low level of economic activity which is reflected in low level
of registered employment, large scale of unregistered work and common
custom of declaring lower salary for the purpose of paying less taxes and
social contributions. Negative effects for the pension and disability insurance
systems are multiple and long term. |
| first_indexed | 2024-04-24T05:52:59Z |
| format | Article |
| id | doaj.art-073a8a72d4474560937bf66537daf095 |
| institution | Directory Open Access Journal |
| issn | 1840-233X 2303-7431 |
| language | deu |
| last_indexed | 2024-04-24T05:52:59Z |
| publishDate | 2011-01-01 |
| publisher | University of Mostar, Faculty of Humanities and Social Sciences |
| record_format | Article |
| series | Hum |
| spelling | doaj.art-073a8a72d4474560937bf66537daf0952024-04-23T09:29:16ZdeuUniversity of Mostar, Faculty of Humanities and Social SciencesHum1840-233X2303-74312011-01-017384404PROBLEMS OF PENSION AND DISABILITY INSURANCE COVERAGE IN BOSNIA AND HERZEGOVINANikolina Obradović0Faculty of Humanities and Social Sciences, University of MostarLow level of pension and disability insurance coverage in Bosnia and Herzegovina is one of the crucial issues related to sustainability of the systems. The immediate consequence of low level coverage is loss of contribution revenue which triggers all the negative consequences of unfavorable ratio of contributors towards pensioners. Moreover, low coverage is one of the major indicators of social exclusion of a large number of elderly people in the future and social exclusion of working population at present. The World Bank experts claim that countries with low level of gross domestic product per capita have low level of pension insurance coverage and vice versa. This theory is tested and confirmed by correlation analysis of pension system coverage rate and gross domestic product per capita in Bosnia and Herzegovina for period from 1970 to 1990. Estimate and analysis of coverage for the post war period was done on the basis of pension system data and Labor Market Survey population estimate. Low level of pension system coverage in Bosnia and Herzegovina is conditioned upon low level of economic activity which is reflected in low level of registered employment, large scale of unregistered work and common custom of declaring lower salary for the purpose of paying less taxes and social contributions. Negative effects for the pension and disability insurance systems are multiple and long term.https://hum.ff.sum.ba/wp-content/uploads/2018/10/Humdec2011_384_404.pdfpension system coverageobligatory payg pension and disability insurance systemcontribution evasion |
| spellingShingle | Nikolina Obradović PROBLEMS OF PENSION AND DISABILITY INSURANCE COVERAGE IN BOSNIA AND HERZEGOVINA Hum pension system coverage obligatory payg pension and disability insurance system contribution evasion |
| title | PROBLEMS OF PENSION AND DISABILITY
INSURANCE COVERAGE IN BOSNIA AND
HERZEGOVINA |
| title_full | PROBLEMS OF PENSION AND DISABILITY
INSURANCE COVERAGE IN BOSNIA AND
HERZEGOVINA |
| title_fullStr | PROBLEMS OF PENSION AND DISABILITY
INSURANCE COVERAGE IN BOSNIA AND
HERZEGOVINA |
| title_full_unstemmed | PROBLEMS OF PENSION AND DISABILITY
INSURANCE COVERAGE IN BOSNIA AND
HERZEGOVINA |
| title_short | PROBLEMS OF PENSION AND DISABILITY
INSURANCE COVERAGE IN BOSNIA AND
HERZEGOVINA |
| title_sort | problems of pension and disability insurance coverage in bosnia and herzegovina |
| topic | pension system coverage obligatory payg pension and disability insurance system contribution evasion |
| url | https://hum.ff.sum.ba/wp-content/uploads/2018/10/Humdec2011_384_404.pdf |
| work_keys_str_mv | AT nikolinaobradovic problemsofpensionanddisabilityinsurancecoverageinbosniaandherzegovina |