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Albania - Pension Policy Challenges in 2020 (Английский)

Albania introduced important parametric reforms to its Defined Benefit (DB) pension system in 2015, with some reforms still in the process of being fully implemented, such as the increase in retirement ages. These reforms have improved the long-term sustainability of the system, but questions remain about the adequacy of benefits and whether the introduction of a non-contributory pension will compensate for the declining trend in coverage. Albania...
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