| Abstract [eng] |
Running processes in the country, during which pensioners suffer financially, stimulated to choose this public sector economy master final paper subject. Therefore, young people are forced to take interest in possibilities of financially easy old age. The main problem is that the society is getting age, so there is a possibility that the country will not be able to ensure old age pension, which can secure the financial stability of future pensioner. However, it is not clear whether private pension insurance will ensure desirable financial stability. The purpose of this work is to analyze two-pillar pension funds, their regulation, advantages and limitations, to ascertain whether it is worth to accumulate pension in pension funds. In order to pursue the aim of the final master work, such goals are set: to present the concept and models of pension system, to ascertain the methods of pension system sponsorship and disbursement payment, to analyze the current situation of pension system in Lithuania, to explore the regulation of two-pillar pension funds, to determine tendencies of fee transfer into the pension funds, to present analysis of applicable due for two-pillar pension funds, to ascertain what calculation methods are applied for age pensions in Lithuania, to investigate what value of age pension can be in attending and not attending in two-pillar pension accumulation. Methodology of the final master paper: in fulfilling analysis of scientific literature, legal documents and statistical data, the concept and models of pension system are presented, the current situation of pension system in Lithuania and private pension insurance tendencies are developed, advantages and limitations of the private insurance are presented, which are predicable or deniable with reference to the legal information and results/conclusions of practical calculations. |
