INTRODUCTION by Editors (Filip Chybalski and Edyta Marcinkiewicz):

The topic of pensions is very broad and multidimensional in nature so it is of great interest to many scholars representing various fields of science. Pension systems all over the world have been continuously undergoing some major or minor reforms, which refer to the general model or design of old-age social security, or which aim to change some of its parameters, especially the pensionable age. These reforms have a common ultimate goal, which is to ensure adequate benefits in old age funded by financially and economically sustainable pension systems. Changes to pension systems refer to various pension plans: those organized by the state through the public institutions, those organized by employers in cooperation with financial institutions, or those organized solely by financial institutions and dedicated directly to individuals. Thus, the spectrum of problems worth addressing by scholars is very wide.

In this book, pensions and their background are investigated from the perspective of the social sciences, primarily management, economics, finance, and law. We address the very relevant and current problems of pension systems, retirement, the demographical determinants of pension systems’ adequacy and sustainability, and the political and legal aspects of pension reform. The monograph includes 23 chapters addressing the problems of contemporary pensions from both a general and a national view, studied from a theoretical or empirical perspective.

The book is structured as follows. First, the managerial, administrative and business aspects of retirement and pension wealth are discussed. The next five sections are devoted to very important and current problems of family and gender issues in the context of old-age social security. The subsequent six chapters refer to other social and economic aspects of pensions with some references to social security reforms. In the next three sections, some financial and actuarial issues are discussed and investigated. Finally, in the last five chapters, the authors address selected problems of pension reform with special attention paid to their policy and legal aspects. In these 23 chapters, issues concerning various countries are presented. In some chapters, a single-country empirical approach is employed (with reference to Poland, Spain, Turkey, Slovakia, Latvia, or Czechia, for example), whereas some other sections present multinational studies.[...]


CONTENTS

1. Introduction Filip Chybalski, Edyta Marcinkiewicz ........................................................................................ 5
2. Impact of a pension system and an enterprise on employees’ retirement: an intergenerational context Filip Chybalski, Małgorzata Gumola ........................................................................................ 7
3. Management approach to social housing to support the welfare of the elderly Edyta Marcinkiewicz ........................................................................................ 20
4. The role of family businesses in old age security Iwona Olejnik ........................................................................................ 33
5. Social security administration: towards one of the reserves of sustainability Natalia Grishchenko ........................................................................................ 43
6. The importance of family: a macroeconomic perspective Oliwia Komada, Magda Malec ........................................................................................ 56
7. Equality of desert in the pension system from the gender perspective. The case of Poland Joanna Ratajczak ........................................................................................ 72
8. Gender gap in retirement pensions in Spain. The impact of the maternity supplement Julia Montserrat Codorniu ........................................................................................ 86
9. Intra-family financial and non-financial support for pensioners: share survey results in 19 European countries Olga Rajevska ........................................................................................ 97
10. Co-housing of seniors – ’Open Popowice’ case study** Mariusz Dybał ........................................................................................ 106
11. What is the cost of pension reform reversal in Slovakia and could the NDC scheme solve the fiscal imbalance of payg scheme? Ján Šebo, Daniela Danková, Ivan Králik ........................................................................................ 116
12. Pensions and elderly poverty in Turkey Çağaçan Değer, Semih Çağan ........................................................................................ 132
13. Retirement implications of life decisions in Poland Alicja Jajko-Siwek ........................................................................................ 147
14. Theories and mechanisms of productive employment in the context of Czech pension reform Radim Valenčík ........................................................................................ 156
15. The effects of applying behavioral impulses (“nudges”) to stimulate the development of occupational pension schemes – comparative analysis Marek Szczepański ........................................................................................ 170
16. Effectiveness of pension systems in post-Soviet countries – evaluation using the CCR model Dawid Banaś ........................................................................................ 183
17. Application of deferred annuities in an occupational pension scheme Anna Gierusz ........................................................................................ 192
18. Financial schemes for active ageing and elderly well-being improvement Jan Mertl ........................................................................................ 201
19. Impact of savings within the capital pension system on the flow of funds accounts Joanna Trębska ........................................................................................ 213
19. Czech pension policy Jaroslav Vostatek ........................................................................................ 228
19. The glide-path mechanism in Employee Capital Plans Sebastian Jakubowski ........................................................................................ 240
19. Employee Capital Plans – public policy analysis Antoni Kolek ........................................................................................ 251
19. Selected remarks on employee representation role in long term saving plans in Poland – PPE (Employee Pension Schemes) and PPK (Employee Capital Plans) Marcin Wojewódka ........................................................................................ 259
19. Employee Capital Plans in Poland – investment’s legal framework> Adrian Prusik ........................................................................................ 266

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    Ratajczak, Joanna (Lodz University of Technology PressWydawnictwo Politechniki Łódzkiej, 2021)
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