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DC Field | Value | Language |
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dc.date.accessioned | 2018-11-29T11:02:37Z | |
dc.date.available | 2018-11-29T11:02:37Z | |
dc.date.issued | 2016 | |
dc.identifier.citation | Bezzina, A. (2016). Determining the contributing factors of the Maltese pension scheme (Bachelor's dissertation). | en_GB |
dc.identifier.uri | https://www.um.edu.mt/library/oar//handle/123456789/36896 | |
dc.description | B.COM.(HONS)INSURANCE&RISK MANGT. | en_GB |
dc.description.abstract | Contributing factors of a pension system are of utmost importance with regards to the sustainability of the pension system of a particular country. Such factors include but are not limited to: birth rates, life expectancy, government spending as per GDP, unemployment rates, and aging population amongst others. Hence such factors must be monitored closely to identify if a particular pension system is sustainable or not, and also which factors are to be given the most importance and weighting. The primary form of pensions system in Malta is that of the first pillar pension, where employers and employees pay National Insurance contributions, and the state, in return, provides a pension after the pensionable age is reached. However, the factors analyzed in this dissertation show that since life expectancy in Malta is increasing and birth rates are decreasing, such pension system will not remain sustainable, and hence a solution has to be found. This can be done by introducing new pension reforms such as, second or third pillar pension systems. Moreover, in this dissertation comparison will be made to three other countries, Denmark, Japan and France, which have different characteristics in their pension contributing factors. Also, such countries have been through different reforms and hence one can analyze the benefits of each country and discern how these may be included in the Maltese system to make our system as sustainable as possible. With regards to the research methodology for this dissertation, it will be mainly viewed from a desk research perspective, where three different countries will be analyzed with respect to their pension system, followed by a comparison of the contributing factors that make up the different pension systems. | en_GB |
dc.language.iso | en | en_GB |
dc.rights | info:eu-repo/semantics/restrictedAccess | en_GB |
dc.subject | Old age pensions -- Malta | en_GB |
dc.subject | Old age pensions -- Japan | en_GB |
dc.subject | Old age pensions -- Denmark | en_GB |
dc.subject | Old age pensions -- France | en_GB |
dc.subject | Individual retirement accounts | en_GB |
dc.subject | Pension trusts | en_GB |
dc.title | Determining the contributing factors of the Maltese pension scheme | en_GB |
dc.type | bachelorThesis | en_GB |
dc.rights.holder | The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder. | en_GB |
dc.publisher.institution | University of Malta | en_GB |
dc.publisher.department | Faculty of Economics, Management and Accountancy. Department of Insurance | en_GB |
dc.description.reviewed | N/A | en_GB |
dc.contributor.creator | Bezzina, Andrew | |
Appears in Collections: | Dissertations - FacEma - 2016 Dissertations - FacEMAIns - 2016 |
Files in This Item:
File | Description | Size | Format | |
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16BISR001.pdf Restricted Access | 1.27 MB | Adobe PDF | View/Open Request a copy |
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