PENSION SCHEMES - NEWS:
Pension Schemes
Study: Civil Law - 9. semester
Commercial Law - 9. semester
Constitutional-Administrative - 9. semester
Criminal Law - 9. semester
International Law - 9. semester
The European Union Law - 9. semester
Code: 168697
ECTS: 4.0
Course coordinators: izv. prof. dr. sc. Ivana Vukorepa
Exam dates:
  • 11. 11. 2019.
  • 27. 01. 2020.
  • 10. 02. 2020.
  • 20. 04. 2020.
  • 01. 06. 2020.
  • 15. 06. 2020.
  • 29. 06. 2020.
  • 31. 08. 2020.
  • 14. 09. 2020.
Exam registration: Studomat
Basic data
Pension Schemes Civil Law - 9. semester
Commercial Law - 9. semester
Constitutional-Administrative - 9. semester
Criminal Law - 9. semester
International Law - 9. semester
The European Union Law - 9. semester
4.0 168697
Lecturer in charge Consultations Location
izv. prof. dr. sc. Ivana Vukorepa

Thursdays at 11.00

Gundulićeva 10, room 13
Literature
Holzmann, Robert; Hinz, Richard. Old Age Income Support in the 21st Century: an International Perspective on Pension Systems and Reform. Washington: The World Bank, 2005;
EU. The Pension Adequacy Report series: current and future income adequacy in old age in the EU;
OECD, Pensions Outlook series, OECD Publishing;
OECD (2005). Private Pensions, OECD classification and glossary;
For more detailed information please see our website;
Description
The aim of the course is to teach students fundamentals on organizational, financial and regulatory aspects of various forms of private and public pension schemes and make them understand how they are conditioned by historical, economic, technological, demographic and socio-political conditions. Students will learn to identify the main problems and risks within a particular type of pension schemes, as well as within a pension system as a whole. They will be able to evaluate the potential effects of the reform solutions, regarding the social aim and the evaluation criteria (pension adequacy and affordability, system s sustainability, fairness and predictability).
Exam dates
11. 11. 2019.
27. 01. 2020.
10. 02. 2020.
20. 04. 2020.
01. 06. 2020.
15. 06. 2020.
29. 06. 2020.
31. 08. 2020.
14. 09. 2020.
Detailed data
Cognitive Skills:

Pension schemes are the foundation of country’s social security. Therefore, this course contributes to the objectives of the study programme by several learning outcomes:

  • Understanding of the structural, cultural and political conditions that affect the development and regulatory framework of pension systems;
  • Adoption of theoretical knowledge about the functioning, the advantages and pitfalls of public and private pension schemes;
  • Finding reform solutions to the problems of pension system's sustainability and pension adequacy;
Practical and Generic Skills:

After successfully completing the course, the  students will be able to:

  • Define the basic terms and use internationally accepted terminology for public and private pension schemes;
  • Recognise and select the main factors that influence the development of pension schemes;
  • Name and describe pension schemes with regard to the social objectives, normative regulation, organizational structure, personal coverage, sources and methods of financing, risks, costs of the system and the level of benefits;
  • Compare the pension systems;
  • Differentiate various factors that influence the pension amount;
  • Identify the main problems in the functioning of certain pension schemes;
  • Analyse and critically evaluate the potential effects of the regulatory reforms;
Matching Assessments to Learning Outcomes:

Students need to attend classes regularly, read preparatory materials and successfully pass the oral exam. Knowledge assessment is focused on checking the elements indicated in learning outcomes. Students should also write an essay regarding their country’s pension system as a form of learning assignment. The paper should progress throughout the course; that is, every new segment in student paper should correspond to every new lesson in the course.