The significance of pension evolution and new principles of pension capital formation in Latvia (en translation)

ORCID: Aleksandrs Rubanovskis:

Pages: 253-267

Edition: Lublin 2013

DOI: --

Abstract: This paper investigates the development of pension schemes, consequences of Bismarck’s pension system, its positive aspects and feasibility, development of the Latvian state pension system before 1940, its current state based on intergenerational solidarity and proposes new approaches to the self-contributed capital personal pension system.