Occupational Pension Funds in Selected Countries

Pension systems face many challenges. The Financial crisis has a negative influence on ability of governments to cover claims from pay-as-you-go pension plans. In long term aspect is demographic development crucial for stability of the pension system. Population ageing reduce the ability of governments to ensure adequate pension income through continues pension system. Demographic decline has also influence on the private pension schemes with defined benefit or defined contribution pension plans. For this type of the pension plans increase the number of pensioners and the number of year in retirement means solvency risk. The Private pension schemes in many developed countries are based on occupational pension funds. This article describes an occupational pension scheme in selected countries and compares efficiency of occupational pension funds in these countries.