3E Economics par. 7.3

• Economie
• Middelbare school
• vwo
• Leerjaar 3

Par. 7.1 assignment 8a

1. 2498 x 1,06 x 1,06
2. 24 x 113 - 2498

Par. 7.1 assignment 8c

1. ( 2712 - 2498 ) / 2498 x 100
2. ( 2498 - 2712 ) / 2712 x 100
3. ( 2712 - 2400 ) / 2400 x 100
4. ( 2400 - 2712 ) / 2712 x 100

Par. 7.1 assignment d and e
For David using the scooter 2 years earlier is worth more than € 312 ( 2.712 - 2.400 )

1. True
2. False

Income after 67

1> State pension ( AOW )

2> Private pension 

3> Own savings

State pension

- Every person > 67 receives a state pension

- State pension is financed by pay-as-you-go system

Contributions of current workers are used to pay for the income of people > 67

- Transfer between generations

Vulnerable to aging population

State pension

Problem financing this system

Due to the aging population and the effect of the baby boom generation a relatively smaller group of workers ( 15-67 ) needs to pay contributions for a relatively larger group of people above 67 who receive a state pension

What is not a solution to the financing problem of state pensions?

1. lowering state pension
2. raising state pension age
3. increasing state pension contributions
4. decreasing taxes

Private pension

- for employees

- fully funded system

employees pay premiums into a pension fund

pension fund invests premiums

when employees reach pensionable age, they receive monthly payments from the pension fund

Own savings

- Savings account

- Annuity insurance

Hw.

 Next lesson: Par. 7.3 assignment 13

Assignments from the paragraphs: 

Par. 7.1 : assignments 1, 2, 3, 7, 9, 12, 13, 14, 15, 16, 17

Par. 7.3: assignments 1, 2, 3, 4, 5, 6, 7, 9, 14, 15, 16