Legislation Publications Pension models About project Statistics
Legislation Publications Pension models About project Statistics

1. Introduction

2. Fundamentals of Moldova’s Pension Legislation
2.1. General Principles
2.2. Insurance Contributions and the Tax Base
2.3. Types of Pensions and Terms and Conditions of Their Assignment
2.3.1. Old-age Pensions
2.3.2. Invalidity Pensions
2.3.3. Survivor’s Pensions
2.3.4. Pensions to Specific Categories of Population
2.3.5. Social Pensions/Benefits
2.3.6. Pensions Paid at the Account of the State Budget
2.4. The Minimal Pension and Guaranteed Minimum
2.5. Pension Indexing

3. The Present-Day Demographic Setting
3.1. General Population Changes
3.2. Fertility
3.3. Mortality and Life Expectancy
3.4. Population Growth and Migration
3.5. The Base Demographic Forecast

4. Demographic Trends in the Economic Activity of the Population
4.1. Demographic Factors Affecting the Number of Population at the Economically Active Age
4.2. The Profiles and Dynamics of the Economic Activity of the Population
4.3. Projection Scenarios for the Economic Activity of the Population

5. General Employment Issues

6. Payers of Pension Contributions
6.1. The Profile and Number of Pension Contribution Payers
6.2. Projection Scenarios for Insurance Contribution Payers

7. Recipients of Pensions/Benefits
7.1. Profile of Pension Recipients
7.2. Old-Age Pensioners
7.3. Invalidity Pensioners
7.4. Recipients of Pensions for Survivors
7.5. Recipients of Social Pensions/Benefits
7.6. Forecast of Pensioner Numbers

8. Present-Day Macroeconomic Environment
8.1. Historical Background
8.2. Base Macroeconomic Forecast

9. Software Complex
9.1. Mission and Structure of the Software
9.2. Computation Scenario Block
9.3. Demography Block
9.4. Macroeconomics Block
9.5. Receipts Block (Calculation of Contributions)
9.6. Expenditure Block
9.7. Output and Reports

10. Approbation of the Model
10.1. Modelling Scenarios
10.2. Simulation Output
10.3. Computations on the Pension Calculator

Annex 1. Base scenario

Development of the Analytical Model of the Republic of Moldova’s Pension System

2.3.2. Invalidity Pensions

Invalidity pensions are assigned to insured persons in case of their full or partial incapacity to work caused by a systemic disease, severe workplace injury, or occupational disease. In order to receive an invalidity pension for the reason of a systemic disease an insured person needs to have got, at the instant of establishing his or her invalidity, the length of the insurance record within the range of 1-5 years. If this person is under 23 years old he or she will need an insurance record of one year, if within 23-26 – 2 years, 26-31 – 3 years, and above 31 – 5 years. Invalidity pensions for the reason of a severe workplace injury or occupational disease are assigned irrespective of insurance records. Invalidity pensions are paid in full to all pensioners including those with incomes liable to state social insurance.

Over the period of 1999-2003 the number of invalidity pensioners in Moldova slightly rose by 4.8 % and reached 117,100 persons in 2003. In 2003 they made up 19 % of all the pensioners. Invalidity pensioners for the reason of a systemic disease hold the lion’s share of 96.7 % among all the invalidity pension recipients

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