THE DEVELOPMENT OF PENSION PROVISION ON THE BASISOF THE HUMAN CAPITAL CONCEPT

Authors

  • A. N. Korob Baranavichy State University, 21 Voikаva Str., 225404 Baranаvichy, the Republic of Belarus Author

Keywords:

provision of pensions; human capital; decapitalization; recapitalization; reform of pension provision

Abstract

The author studies such concepts as decapitalization, refinancing and recapitalization of human capital when an
employee becomes disabled. Human capital is exposed to decapitalization based on the neutrality of the physiological
characteristics of the individual while refinancing is regarded as compensation of the income loss by disabled people
through the redistribution of current contributions of the working population to pension insurance and the recapitalization
of human capital is regarded as a change in the structure of disabled citizens’ income based on their previous investments
into pension funds, financial and rental tools.

Ref.: 13 titles.

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Published

2015-12-01

Issue

Section

ЭКОНОМИЧЕСКИЕ НАУКИ