The project goal is to analyze and to assess the impact of future demographic changes on Montenegrin pension system. The project is supported by Ministry of Finance of Montenegro, Montenegro Pension System Administration Investment Project financed by WB. The objective of the project is to provide detailed analysis of the demographic trends and changes of demographic structure according to different criteria and assessment of effects and impacts of these changes on economic and social trends in Montenegro, primarily on the number and structure of pensioners as well as on overall pension system. Specifically, the project defines which requirements would future demographic trends put in front of the pension reform. The research is focused on: analysis of current demographic structure of population in Montenegro, projections of future demographic structure of the population (with details provided on the age and gender specific structure of the population age and gender specific mortality rates, fertility rates and imagination), as well as assessment and analysis of the impact of future demographic trends on the pension system and its implications on the design of the pension reform.
