Yordan Yordanov, Zhaneta Angelova
The Public Pension System in the Conditions of Covid-19 – Short-Term Effects and Long-Term Challenges
Summary:
The emergence and spread of Covid - 19 in late 2019 and early 2020 posed an unexpected challenge to the development and progress of modern society. A series of restrictions aimed at limiting the spread of the disease have had an adverse effect, both economically and socially. Overcoming the unfavourable consequences of the pandemic is becoming a priority for the development of modern society, engaging a significant amount of public resources and testing the mechanisms of social protection systems. The aim of this study is to highlight the short-term effects and long-term challenges facing the public pension system in pandemic and post-pandemic environments, as a basis for outlining the directions of its development and improvement.