ANALYSIS OF ACCUMULATIVE PENSION SCHEME
Keywords:
pension, savings, retirement, accumulative pension scheme, mandatory pension, voluntarily pension, pension benefit, retirement and disability pensionsAbstract
Socially oriented method of transition to market economy sets all priorities based on the aspects of development policy and current socio-economic condition. Social protection and welfare policy plays the central role and reflects essence of tendency of national development and prosperity of population. Wide range of social protection forms including various pension schemes hold particular importance in execution of state social policy. Accumulative pension scheme is a newly introduced type of public pension provision which has significance and multifaceted importance for prospective future. This article highlights the structure, importance and role of accumulative pension scheme.
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