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Перспективи од примена на мултифонд системот во капитално финансираното пензиско осигурување на република македонија

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  1. Tez No: 402737
  2. Yazar: HABİL MUSTAFAİ
  3. Danışmanlar: PROF. DR. BILJANA ANGELOVA
  4. Tez Türü: Doktora
  5. Konular: Kamu Yönetimi, Maliye, Public Administration, Finance
  6. Anahtar Kelimeler: Member, Pension company, Pension fund, Sub-fund, Multyfund, Portfolio, Variable income, Fixed income
  7. Yıl: 2015
  8. Dil: Makedonca
  9. Üniversite: Saints Cyril and Methodius University of Skopje
  10. Enstitü: Yurtdışı Enstitü
  11. Ana Bilim Dalı: Belirtilmemiş.
  12. Bilim Dalı: Belirtilmemiş.
  13. Sayfa Sayısı: 314

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Özet (Çeviri)

Тhis dissertation is inspired from the pension system and the possibilities for improving the welfare of citizens of Republic of Macedonia by improving the fully funded component of the pension system. The fully funded pension system, which consists of mandatory and voluntary pension insurance, provides only one type of fund selection to the insurers, or one portfolio for investing of their assets. That way insurer receives the same relation to the risk or same opportunities for yield regardless of their desire and appetite. The desire and appetite for risk usually differ depending on the age of the insurer. Also, the composition of one portfolio increases the risk of loss of assets of older insurers without possibility for their return through the capital markets. The existing pension system can be reformed in order to create more products in capital funded pension system in Republic of Macedonia, through forming separate funds from the existing fund, which will allow different levels of risk and yield depending on the age of the insurers. For the purpose of such a project this dissertation will include research on pension systems in countries in Latin America, Central and Eastern Europe where multi-funds were implemented in the pension system. The results and experiences of these studies, as well as experience in the pension system in Republic of Macedonia will be the basis for creating the concept proposal for reform of the fully funded pension insurance to multi-funds.

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