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Review of the Pension System of Italy

Author

Listed:
  • Ilaria Corrado

    (The State University of the Ministry of Finance of the Russia, Moscow, Russia)

Abstract

The article presents a review of the pension system of Italy through the prism of the analysis of the major reforms over the last twenty years. It reviews a three-level model, presents a detailed description of the mandatory and voluntary pension insurance levels. Finally, it presents certain conclusions on amendment of the pension system depending on the environment of application.

Suggested Citation

  • Ilaria Corrado, 2012. "Review of the Pension System of Italy," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 129-138, January.
    • Handle: RePEc:fru:finjrn:120113:p:129-138
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    More about this item

    Keywords

    pension insurance; base pension; PAYGO system; funded scheme; corporate pension funds;
    All these keywords.

    JEL classification:

    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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