nation.
Charge
The Minister for Health, Welfare and Family Affairs shall be in charge of the National Pension program under National Pension Act.
Valuation of Financial Equilibrium of National Pension and Adjustment of Benefits
Early Pension
Purpose:
strong personality to making up the large funds for economic development than the original purpose of the pens
national pooling of contributions and a de facto joint expenditure -> reforms have led to the gradual introduction of per capita risk-adjusted allocations to the sickness fund.
Luxembourg :
the Union of Sickness Funds directly covers the expenses for services delivered on a contract basis.
Germany :
a mixed system whereby expenditure for pensioners was covered jointly by all funds.
national treaty that spells out the rights and duties of member states.
Although best known for peacekeeping, peace building, conflict prevention and humanitarian assistance, there are many other ways the United Nations and its system (specialized agencies, funds and programmes) affect our lives and make the world a better place. One of the central mandates of the United Nations is the promoti
nation
89. 6. legislation for disability and an old age
labor worker more than 16-year-old
office worker : low salaries (under 2000Mark)
Insurance premium rate = 1.7 % of wages
In proportion to insurance payment
and payment period : from 70-year-old
In 1908 A policyholder
: 1,500 million / 6,300 million
In 1957 Pension reformation
: respond to
pensions. They decided to und them on a pay-as-you-go so called paygo basis. The paygo model was attractive compared to a fully funded basis. First, paygo appeared to be affordable. It did not require pre-funding for those who had already retired. Second, at program inception, the number of retired beneficiaries was comparatively small and the number of contributing workers was large. This relati