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Pension reform in (F)BH with a special focus on gender issue
Velma Pijalović*
Velma Pijalović
Affiliation: School of Economics and Business, University of Sarajevo, Sarajevo, Bosnia and Herzegovina
0000-0002-9676-5408
Lejla Lazović-Pita*
Almir Peštek*
Almir Peštek
Affiliation: School of Economics and Business, University of Sarajevo, Sarajevo, Bosnia and Herzegovina
0000-0001-5958-4993
Danijela Martinović*
Danijela Martinović
Affiliation: School of Economics and Business, University of Sarajevo, Sarajevo, Bosnia and Herzegovina
0000-0002-6799-2265
Ademir Abdić*
Ademir Abdić
Affiliation: School of Economics and Business, University of Sarajevo, Sarajevo, Bosnia and Herzegovina
0000-0002-9635-457X
Article | Year: 2021 | Pages: 305 - 328 | Volume: 45 | Issue: 3 Received: September 21, 2020 | Accepted: February 9, 2021 | Published online: September 6, 2021
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FULL ARTICLE
FIGURES & DATA
REFERENCES
CROSSMARK POLICY
METRICS
LICENCING
PDF
Pension
category
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2014
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2015
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2016
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2017
|
2018
|
m
|
f
|
m
|
f
|
m
|
m
|
f
|
m
|
f
|
m
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Old-age
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247,420
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118,596
|
258,555
|
122,522
|
259,308
|
133,850
|
267,068
|
136,933
|
272,828
|
139,328
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Disability
|
54,287
|
24,437
|
49,015
|
21,119
|
47,937
|
22,095
|
44,614
|
20,626
|
44,309
|
20,244
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Survivor’s
|
9,412
|
186,408
|
9,336
|
186,002
|
7,894
|
187,317
|
7,659
|
186,926
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7,443
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186,640
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Total
|
311,119
|
329,441
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316,906
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329,643
|
315,139
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343,262
|
319,341
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344,485
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324,580
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346,212
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N.B. Number of men and women in the survivor’s pensions section is estimated since the Pension and Disability Insurance Fund of the RS does not classify this type of pension by gender.Source: BHAS (2020b).
Pensions
|
2014
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2015
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2016
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2017
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2018
|
2019
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Old-age
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16.4
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15.5
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14.7
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13.5
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12.6
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11.5
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Disability
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16.6
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17.1
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17.5
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18.1
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18.7
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19.1
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N.B. as previously noted, Pension and Disability Insurance Fund of the RS does not classify survivor’s pension beneficiaries by gender.Source: Pension and Disability Insurance Fund of the RS, 2020; own calculation.
Factor
|
Category
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Female
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Male
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Total
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Status
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0 = Not Retired
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79.5
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71.0
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76.2
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1 = Retired
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20.5
|
29.0
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23.8
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Age
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1 = 15-24
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3.8
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2.2
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3.2
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2 = 25-34
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18.4
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13.1
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16.4
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3 = 35-44
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33.0
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29.2
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31.5
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4 = 45-54
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16.2
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16.2
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16.2
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5 = 55-64
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12.9
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16.6
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14.3
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6 = 65+
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15.7
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22.7
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18.4
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Education
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1 = Without primary
education
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0.5
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0.0
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0.3
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2 = Primary
education
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0.8
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0.0
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0.5
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3 = Secondary
education
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19.7
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19.1
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19.5
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4 = Qualified
worker
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0.8
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5.9
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2.8
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5 = Short-cycle
tertiary education
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10.1
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8.0
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9.3
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6 = Bachelor or
equivalent
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41.1
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37.7
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39.8
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7 = Master or
equivalent
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19.3
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17.0
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18.3
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8 = Doctor or
equivalent
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7.7
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12.3
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9.5
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Self-reported net monthly income
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1 = BAM 350 or less
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5.1
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2.2
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4.0
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2 = BAM 351-700
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11.1
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12.6
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11.7
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3 = BAM 701 - 1,000
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12.4
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14.7
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13.3
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4 = BAM 1,001 -
1,500
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17.6
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13.4
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16.0
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5 = BAM 1,501 -
2,000
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16.8
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16.4
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16.6
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6 = BAM 2,001 -
2,500
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13.2
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13.0
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13.1
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7 = More than BAM 2,500
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23.8
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27.7
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25.3
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Self -reported standard of living
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1 = Very poor
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1.1
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0.4
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0.8
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2 = Poor
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1.4
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1.7
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1.5
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3 = Just getting
along
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14
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10.3
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12.6
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4 = Average
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50.0
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49.6
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49.8
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5 = Comfortable
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24.3
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27.3
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25.5
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6 = Very
comfortable
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8.9
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9.4
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9.1
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7 = Rich
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0.3
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1.3
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0.7
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Pensions should be provided through
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1 = Private
arrangements
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12.1
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15.0
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13.3
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2 = Employer’s
direct payment to employee’s personal account
|
26.9
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22.0
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25.0
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3 = Public funds
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61.0
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63.0
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61.7
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Marital status
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0 = Single
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58.0
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79.7
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66.4
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1 = With partner
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42.0
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20.3
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33.6
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N.B. Not-retired category includes self-employed, house persons, other white collars, managers, students, manual workers, and unemployed. Source: Authors.
EQU_c
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Women
and men should retire at the same age.
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Pensioners
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-1.440**
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Education
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0.450*
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Gender
|
0.486**
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Age
|
|
2
|
-0.985
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3
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-0.709
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4
|
-0.685
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5
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-1.292**
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6
|
-0.116
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Self-reported
income
|
|
2
|
1.167
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3
|
0.854
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4
|
1.008
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5
|
0.342
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6
|
0.162
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7
|
0.537
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Self-reported
standard of living
|
|
2
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-0.219
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3
|
0.362
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Pensions should be provided
through
|
|
2
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-0.158
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3
|
0.236
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Marital status
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-0.431*
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Const.
|
-0.316
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Observations
|
448
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N.B. Education: dichotomous variable where respondents with a tertiary level or higher were coded as ‘1’ and respondents with qualifications below tertiary level by ‘0’. Self-reported standard of living: ordinal variable where “Below average” =1; “Average” =2 and “Above average”=3. *p<0.10, **p<0.05, ***p<0.01. Source: Authors.
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September, 2021 III/2021
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