Naslov
Management costs of 1st and 2nd pillar retirement insurance institutions in Croatia

Autori
Bađun, Marijana ; Klemenčić, Irena

Izvornik
Newsletter (Institute of Public Finance) (1333-4417) 13 (2011), 63; 1-8

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, popularan rad, ostalo

Ključne riječi
retirement system ; management costs

Sažetak
There is a widespread public opinion that the various fees related to the second pillar of retirement insurance are high, while at the same time the costs of the main institution of retirement insurance, the Croatian Institute for Retirement Insurance, are ignored. The objective of this newslett er is to give an account of these fees and costs as well as the costs of the mandatory pensions companies and of Regos. It can be concluded that in the whole pensions insurance system there is room for rationalisation of costs. However, a precise comparison of the effi ciency of fi rst and second pillar institutions according to the ratio of costs to total amount of pensions paid will be possible only aft er major payments of pensions from the second pillar.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA