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FOREIGN EXPERIENCE IN REFORMING THE NATIONAL PENSION SYSTEM-AS A CASE OF THE CANADIAN PENSION SYSTEM

📘 Volume 9 📄 Issue 8 📅 october 2023

👤 Authors

Shermukhamedova Shirin Amonullaevna 1
1. Acting Associate Professor at Tashkent Financial Institute, Finance, Tashkent, Uzbekistan

📄 Abstract

This article delves into the definitions economists have provided for pension systems, with a specific focus on the Canadian model. We have chosen the Canadian pension system as a foundational reference for our in-depth study of global pension provisions. Our exploration encompasses the structure of Canadas pension framework, the various programs it incorporates, and the distinct pension types under the Old Age Security (OAS) program. Additionally, we examine the unique characteristics of pension funds within this system, the demographic shifts impacting it, and forecasted changes in the income adequacy standards for Canadas basic pensions. The study culminates with conclusions drawn from the insights gathered on this subject.

🏷️ Keywords

pension system pension provision Canadian pension system Old Age Security (OAS) the Canada Pension Plan (CPP) and Individual Pension Plan (IPP) programs pension funds basic pension Canadian pensioners income adequacy standards.

📚 How to Cite:

Shermukhamedova Shirin Amonullaevna , FOREIGN EXPERIENCE IN REFORMING THE NATIONAL PENSION SYSTEM-AS A CASE OF THE CANADIAN PENSION SYSTEM , Volume 9 , Issue 8, october 2023, International Journal of Global Economic Light (JGEL) ,

🔗 PDF URL

https://cdn.epratrustpublishing.com/article/801pm_4.EPRA JOURNALS 14667.pdf

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