Long-Term Optimisation Fundaments of Pension System in Croatia

Abstract

This article examines and presents thoughts on previous and recent analyses of pension system in Croatia, after which authors identify main conclusions and present strongholds towards future optimization of pension system in Croatia. Main points considering optimization come from analyzed and projected effects of different case scenarios, in particular changes and/or reforms in Croatian pension system. All the significant intellectual contributions on pension system are analyzed from the period of pension reforms in Croatia from 2002 until 2011, along with some recent but significant analyses. This study also identifies fundamental problems in Croatian pension system and presents a new perspective considering the direction of potential future changes with having the increase in level of sustainability and monetary pension levels as primary goals.

Key words:

• Croatia
• Pension System
• Pension Insurance
• Reforms Of Pension System
• Demographic Changes