The fiscal burden of the legacy of the civil service pension systems in northern Cyprus

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dc.contributor.authorAltiok, Hasan U.
dc.contributor.authorJenkins, Glenn P.
dc.date.accessioned2026-02-06T18:43:28Z
dc.date.issued2013
dc.departmentDoğu Akdeniz Üniversitesi
dc.description.abstractThis paper estimates the fiscal burden of the Pay-As-You-Go (PAYGO) civil service pension systems that were closed in 2008 to new members in North Cyprus. Estimates are made of the difference between the present values of future contributions and the future pension benefits. The future pension benefits are those received by the individuals covered through these plans for the period from 2009 to the death of the last member in the system. The estimated unfunded cost of these historical civil service pension plans is 7.3 billion euros or 276% of GDP.
dc.identifier.doi10.1017/S1474747212000042
dc.identifier.endpage110
dc.identifier.issn1474-7472
dc.identifier.issn1475-3022
dc.identifier.issue1
dc.identifier.scopus2-s2.0-84872083838
dc.identifier.scopusqualityQ2
dc.identifier.startpage92
dc.identifier.urihttps://doi.org/10.1017/S1474747212000042
dc.identifier.urihttps://hdl.handle.net/11129/13624
dc.identifier.volume12
dc.identifier.wosWOS:000313072100004
dc.identifier.wosqualityQ3
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherCambridge Univ Press
dc.relation.ispartofJournal of Pension Economics & Finance
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_WoS_20260204
dc.subjectCivil service pensions
dc.subjectpension liabilities
dc.subjectimplicit pension debt
dc.subjectpension indexing
dc.subjectNorth Cyprus
dc.titleThe fiscal burden of the legacy of the civil service pension systems in northern Cyprus
dc.typeArticle

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