THE RETIREMENT SYSTEM. FISCAL AND METHODOLOGICAL ASPECTS

Abstract

Currently, in most countries, but particularly in European and in the more developed world, heated discussions about reforming the current pension system. To address adequately the taxation of pension incomes in our country is very important to know and how this issue is regulated in different countries, but especially the European ones in the developed world. In terms of taxation of pensions, European countries are divided into three groups: 1. European countries where pension income is not taxed: Bulgaria, Slovakia and Lithuania. 2. European countries where pension income is subject to progressive taxation: Belgium, Cyprus, Greece, Finland, France, Ireland, Luxembourg, Malta, United Kingdom, Norway (not EU member), the Netherlands and Spain. 3. European countries where pension income is taxed based flat: Austria, Estonia, Germany, Latvia, Portugal, Romania, Sweden, Slovenia and Hungary.

Keywords

• pensions
• pension contributions
• share
• progressive taxation
• the flat tax
• the tax base
• taxable matter
• the basic salary
• gross income