Ταμεία επαγγελματικής ασφάλισης : διεθνής ανασκόπηση και προσαρμογή στα ελληνικά δεδομένα
Καρακώστα, Φεβρωνία - Δήμητρα Σ.
Occupational Pension Funds have recently made their appearance in Greek market. In the international field have several years of experience, which can be used to give future retirees additional benefits. Below, in Chapter 1, it is mentioned the classification of pension funds as formulated in the international market. Chapter 2 presents in detail complementary to the social security insurance for the countries Austria, Belgium, Germany, Ireland and Sweden. It refers the major characteristics, such as types of programs, asset management, maintenance and transfer of rights, benefits (pension/lump sum, death, disability), economic and technical requirements as well as addressing merging, bankruptcy, absorption or business interruption generally. Chapter 3 explains the supervisory framework of occupational pension funds in Greece, as it exists today, and proposals to review legislation in order to create open funds, which will be managed by life insurance companies. Moreover, they are given the pension funds which operate in Greece and published data for the year 2008. Chapter 4 presents the reasons for a pension fund that may have best results with multi-employer plans. In Chapter 5 it is analyzed the risks that may contain. In Chapter 6 it is studied the impact of financial crisis on defined benefit plans and the need to establish funding rules, which are strongly opposed to the downward or upward trend of the market (countercyclical rules) to protect policyholders and not to lure pension funds into insolvency. Finally, in Chapter 7 it is presented the myopic model, whereby the individual decides to retire when maximizing the utility arising between the immediate withdrawal of the comparison to work an extra year.