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



Pension models of the Republic of Moldova

The Independent Actuarial Information-Analytical Center developed for the Ministry of Social Protection, Family and Child a set of imitational models of the state pension system. At present this set of applications includes three basic models:

Долгосрочная модель Среднесрочная модель Пенсионный калькулятор
The analytical model of the pension system of the Republic of Moldova
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The middle-term pension system of the Republic of Moldova
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The pension calculator
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(Description of the model) (Description of the model) (Description of the model)

“The analytical model of the pension system of the Republic of Moldova, aimed at examining the long-term financial situation of the pension system of the Republic of Moldova on the whole. This is a quite complicated model, containing a great number of initial data and results of the projections and which is complicated due to new tasks conditioned by the developing national pension system. This model as the majority of foreign analogues is based on many-cases model. In the modeling process the population is divided in a range of socio-demographic groups, for which it is forecasted the change of their situation in time. For the forecast is used the discrete limited heterogeneous Marcov process of transition between various states.

“The middle-term pension system of the Republic of Moldova” is aimed at middle-term forecasting of the indicators of the Pension Fund balance and evaluation of its solvability and equilibrium, financial stability, impact of indexation on the balance of contributions and payments. Besides, the model represents the tool for operative analysis of the impact of taken decisions in a middle-term perspective.

“The pension calculator” is aimed at modeling the individual pension of a concrete beneficiary; the parameters of pension history are set by the user. By means of this calculator, it could be calculated the pension size, replacement coefficient and other characteristics of pension insurance taking into account the person’s individual parameters.

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