Growing number of pensioners and population aging in Serbia

Stojilkovic, Jelena

doi:10.2298/ijgi1102069s

Cited by 12 publications

(8 citation statements)

References 6 publications

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“…Boskin (1977) indicates that the level of net earnings can have a strong negative impact on the likelihood of retirement. Stojilković (2011) uses indicators such as years of service and average retirement age into retirement structures in Serbia. The author considers that the average retirement age is of great importance for the financial sustainability of the Pension and Disability Insurance Fund.…”

Section: Determinants Of the Crises In A Pension Systemmentioning

confidence: 99%

Pension expenditure analysis: Empirical study of a Serbian local self-government

Đurović-Todorović¹,

Đorđević²,

Cakić³

2021

Econ Sust Dev

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The problem of pension financing in the system of mandatory pension insurance in the Republic of Serbia became actual after the great economic crisis of the 1990s, although this problem had been present before. Accordingly, considerable attention has been paid to the analysis of determinants of pension expenditures. Considering the fact that in the Republic of Serbia the possibilities for reducing expenditures in the system of mandatory state pension and disability insurance have already been exhausted by reforms so far, it is necessary to consider other measures and possibilities for changing the design of the pension disability system. Therefore, the subject of this paper is the analysis of the relationship between pension beneficiaries, the type and amount of pensions. The aim of the paper is to analyze the influence of the pension beneficiary and the type of pension on the amount of the pension, based on the analysis of the collected data.

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Section: Determinants Of the Crises In A Pension Systemmentioning

confidence: 99%

Pension expenditure analysis: Empirical study of a Serbian local self-government

Đurović-Todorović¹,

Đorđević²,

Cakić³

2021

Econ Sust Dev

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“…At the same time, the changes achieved in the last decades, especially by the end of the twentieth and the early twenty-first century, indicate that Serbia has been exposed to a very intense population aging. This process has been manifested in low and steadily declining share of the youth and high and continuously increasing share of the elderly in the total population of the country (59).…”

Section: Current Serbia's National Health Sector Challengesmentioning

confidence: 99%

Dynamics of Health Care Financing and Spending in Serbia in the XXI Century

Krstić

Janićijević

Timofeyev

et al. 2019

Front. Public Health

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“…The myriad of these diverse health care legacies are now forced to adapt to the new circumstances. Rapid and extensive development of legislative framework devoted to genders, retirement, and elderly health insurance issues in Serbia are good examples of what is happening in the entire region [43,44].…”

Section: Ageing Among Serbsmentioning

confidence: 99%

Population ageing alongside health care spending growth

Jakovljević

2017

Srp Arh Celok Lek

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The Silver Tsunami or population ageing has become a globally widespread phenomenon. The purpose of this review is to observe its dynamics and consequences from a local Balkan perspective. The main drivers of this unique demographic evolution are extended longevity, improved early childhood survival, absorption of women into the labor markets, and consequences of sexual revolution leading to falling female fertility. This process lasting well over a century is taking its toll on contemporary societies. Major side effects are shrinking young labor force and growing pool of elderly and retired citizens in many countries. This equation tends to worsen further in the future threatening long-term financial sustainability of public social and health insurance funds. Notable health expenditure growth, accelerating worldwide since the 1960s, is to a large degree attributable to ageing itself. Growing share of senior citizens increases demand for medical services and costs of health care provision. Home-based care provided by the family caregivers presents another important reality putting a huge burden on modern communities. Serbs are no exception in this landscape. Historical demographic evolution of this nation gives a clear evidence of advanced and accelerated ageing, which is well documented in post-World War II era. This synthesis of rich published evidence shows clear upward parallel trend between the pace of population aging and the growth of health expenditure. National authorities shall be forced to consider reform of the current health care financing pattern inherited from the demographic growth era. This might be the only way to smooth out the impact of population ageing on the financial sustainability of the health system and long-term medical care in Serbia.

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Growing number of pensioners and population aging in Serbia

Cited by 12 publications

References 6 publications

Pension expenditure analysis: Empirical study of a Serbian local self-government

Pension expenditure analysis: Empirical study of a Serbian local self-government

Dynamics of Health Care Financing and Spending in Serbia in the XXI Century

Population ageing alongside health care spending growth

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