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The worker did not fulfil this requirement, it had no right to pension even on
Achievement of a necessary pension age.
Both aforementioned requirements represented a source of unreliability for
Workers as nobody has been insured from risk that on this or that
To the reason it will appear deprived of social protection. item 27 - 30)., For the permission of this problem
In that specific case it the special mode of auxiliary pensions has been developed
(The law it 15.386 (1963)
Instability was created and in connection with absence of automatic recalculation
Pensions according to consumer price index change, and consequently them
The real sizes during the certain period of time could test the considerable
_it pension system _
_1. General provisions _
The analysis carried out in given job allows to be convinced that possibilities new
Systems of a provision of pensions surpass possibilities old.
The basic advantages of new system can be shown to the following of ten
To points, and some of them are interconnected:
+ *it a role insured and a freedom in choosing; *
+ *it expenses for the insured; *
+ *it negative influence on employment; *
+ *it possibilities for all; *
_2. Dependence of old-age pensions on personal efforts insured _
As at new system the size of pensions is directly connected with the rest of means,
Saved up for the personal account of the client, it has a stimulus to increase
The accumulation. The main thing here is the right of the client to possession of means,
Available on its obverse to bill.
The role of the property right to pension accumulation is comparable to a right role
Properties in all spheres of economy. It is important in two relations.
First, the property right naturally pushes people to
To riches accumulation. In that specific case a provision of pensions possession
Means for the personal account induces insured to accumulation on him
Pension. Secondly, the economic system based on the private
Properties, the effective utilisation of accumulation stimulates more, than
The centralised system based on a state ownership. It is possible with
Confidence to declare that in the pension system based on the personal
Properties on the saved up funds, exist incentive stimulus,
Directed on their effective utilisation.
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