| Description |
1 online resource (43 pages) : color illustrations |
| Series |
IMF Country Report ; No. 16/123 |
|
IMF country report ; no. 16/123
|
| Summary |
The social transfer programs created in the wake of Kosovo’s independence are narrower in scope than similar programs in other European emerging economies. After gaining independence, policymakers decided to discontinue servicing pension benefits based on entitlements accrued in the previous regime and, instead, an entirely new pension system was introduced, consisting of two components: a budget-financed basic pension scheme paying a uniform (“flat”) benefit to every Kosovar citizen older than 65 years an individual account defined contribution pension scheme (Kosovo Pension Savings Trust, KPST). Disability benefits are available only to people with a 100 percent disability. Other risks and benefits typically covered by social security—such as loss of breadwinner, childcare, unemployment and work injury—were omitted from the safety net. Social assistance is based on very strict eligibility criteria and low benefits. At the same time, wage taxes remain relatively low, with earnings-related contributions limited to KPST |
| Notes |
"May 2016." |
|
At head of title on page 2 of pdf: Fiscal Affairs Department |
| Bibliography |
Includes bibliographical references |
| Notes |
Description based on online resource; title from pdf title page (IMF website, viewed May 20, 2016) |
| Subject |
International Monetary Fund -- Kosovo (Republic)
|
| SUBJECT |
International Monetary Fund. fast (OCoLC)fst00556666 |
| Subject |
Pensions -- Kosovo (Republic)
|
|
Public welfare -- Kosovo (Republic)
|
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Economic development -- Kosovo (Republic)
|
|
Economic development.
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Economic policy.
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Pensions.
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Public welfare.
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Benefit.
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Benefits.
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Family.
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Pension.
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| SUBJECT |
Kosovo (Republic) -- Economic policy
|
| Subject |
Kosovo (Republic)
|
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Europe.
|
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Kosovo.
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| Form |
Electronic book
|
| Author |
Jirasavetakul, La-Bhus Fah, 1984- author, (IMF staff)
|
|
Jousten, Alain, author, (IMF staff)
|
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International Monetary Fund, publisher
|
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International Monetary Fund. Fiscal Affairs Department, author
|
| ISBN |
1484353609 |
|
9781484353608 |
| ISSN |
1934-7685 |
|
