Selected Issues Papers

The Challenge of Pension Reform in Kosovo: Republic of Kosovo

By Boele Bonthuis, Selim Thaci

January 17, 2025

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Format: Chicago

Boele Bonthuis, and Selim Thaci. "The Challenge of Pension Reform in Kosovo: Republic of Kosovo", Selected Issues Papers 2025, 005 (2025), accessed January 21, 2025, https://doi.org/10.5089/9798400299407.018

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Summary

This paper examines the evolution and challenges of Kosovo's pension system. Since its inception, a basic pension and mandatory individual accounts have formed the key element of Kosovo’s pension system. Over the years, the pension system has expanded to include a variety of merit pensions, occupational pensions, and a legacy pension. While spending on the basic pension remains relatively low compared to international standards, there should be a more restrictive approach to special pension benefits. To enhance the clarity and effectiveness of pension indexation, it is essential to clearly define the index used for adjustments of the basic pension.

Subject: Aging, Expenditure, Labor, Labor markets, Labor supply, Pension legislation, Pension reform, Pension spending, Pensions, Population and demographics, Retirement, Social protection spending

Keywords: Aging, Basic pension, Employment, Health, Labor markets, Labor supply, Pension legislation, Pension policy, Pension reform, Pension spending, Pension spending, Pensions, Retirement, Retirement, Social protection spending, Special pension

Publication Details

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