Download or read book Adequacy of Retirement Income After Pension Reforms in Central, Eastern, and Southern Europe written by Robert Holzmann and published by World Bank Publications. This book was released on 2009 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pension reforms in former transition economies aimed to fiscal sustainability and market economy objectives. Estimating the gross and net replacement rates in 9 countries for steady conditions until 2040 show that they are adequate for most categories of workers, with the exception of those with intermittent or no formal sector employment.