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    <ns1:title language="en">PENSION EXPENDITURE ANALYSIS: EMPIRICAL STUDY OF A SERBIAN LOCAL SELF-GOVERNMENT</ns1:title>
    <ns1:language>en</ns1:language>
    <ns1:description language="en">The problem of pension financing in the system of mandatory pension insurance
in the Republic of Serbia became actual after the great economic crisis of the 1990s,
although this problem had been present before. Accordingly, considerable attention has
been paid to the analysis of determinants of pension expenditures. Considering the fact
that in the Republic of Serbia the possibilities for reducing expenditures in the system
of mandatory state pension and disability insurance have already been exhausted by
reforms so far, it is necessary to consider other measures and possibilities for changing
the design of the pension disability system. Therefore, the subject of this paper is the
analysis of the relationship between pension beneficiaries, the type and amount of
pensions. The aim of the paper is to analyze the influence of the pension beneficiary
and the type of pension on the amount of the pension, based on the analysis of the
collected data.</ns1:description>
    <ns1:description language="en">Economics of Sustainable Development 5(1):1-12</ns1:description>
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      <ns2:identifier>10.5937/ESD2101001D</ns2:identifier>
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        <ns3:firstname>Jadranka</ns3:firstname>
        <ns3:lastname>Đurović- Todorović</ns3:lastname>
        <ns3:institution>Faculty of Economics, University of Niš</ns3:institution>
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      <ns1:date>2020</ns1:date>
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        <ns3:firstname>Marina</ns3:firstname>
        <ns3:lastname>Đorđević</ns3:lastname>
        <ns3:institution>Faculty of Economics, University of Niš</ns3:institution>
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        <ns3:firstname>Sandra</ns3:firstname>
        <ns3:lastname>Milanović</ns3:lastname>
        <ns3:institution>Innvation Center, University of Niš</ns3:institution>
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