Challenges and opportunities of the Macedonian pension system according the EU Recommendations (Social, legal and financial aspects)

Miseva, Kristina and Ampovska, Marija and Todorova, Biljana (2019) Challenges and opportunities of the Macedonian pension system according the EU Recommendations (Social, legal and financial aspects). EU and comparative law issues and challenges series ( ECLIC 3) (3). pp. 988-1007. ISSN 2459-9425

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Abstract

The reformed pension system in the Republic of North Macedonia has created an interest based on three poles: legal, financial and social. Therefore, the paper aims to provide not only overview of the North Macedonian pension legislative, the model of financing of the reformed pension system but also to take into account the social character of the pension system. Following the basic European values and the interception of the EC recommendations that were underline in the last 10 years for North Macedonia, the country remains moderately prepared in this area. The rapidly increased expenditure on pensions and the efforts to improve the legal, institutional and social framework on the North Macedonian pension system became new burden for the Public Pension Fund. Therefore, the sustainability and the efficiency of the contemporary pension system is under question mark.

Item Type: Article
Subjects: Social Sciences > Law
Divisions: Faculty of Law
Depositing User: Marija Radevska
Date Deposited: 14 Oct 2019 11:49
Last Modified: 14 Oct 2019 11:49
URI: http://eprints.ugd.edu.mk/id/eprint/22664

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