Deficiencies of the Public Pension System in Romania. Some Reform Measures Derived from the EU Experience

The European Union is currently confronted with major economic and demographic changes that are challenging its ability to maintain strong social cohesion. Some possible solutions can be considered, such as increasing the employment for older workers and for women. In a comparative analysis for ten...

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Main Authors: Mihaela Dragota, Emilian Miricescu
Format: Article
Language:English
Published: General Association of Economists from Romania 2009-11-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/419.pdf
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author Mihaela Dragota
Emilian Miricescu
author_facet Mihaela Dragota
Emilian Miricescu
author_sort Mihaela Dragota
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description The European Union is currently confronted with major economic and demographic changes that are challenging its ability to maintain strong social cohesion. Some possible solutions can be considered, such as increasing the employment for older workers and for women. In a comparative analysis for ten European countries, Romania has the lowest life expectancy, of 72.2 years, and the largest difference between life expectancy and standard retirement age, of 9.7 years. The private administrated pension funds can be a solution for labour market crisis from Romania; so recently there were adopted and implemented the regulations for this field.
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spelling doaj.art-e6e81caffa0d44b8a8c5e7177b4a14fd2022-12-22T02:39:38ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292009-11-01XVI1118418678Deficiencies of the Public Pension System in Romania. Some Reform Measures Derived from the EU ExperienceMihaela Dragota0Emilian Miricescu1 The Bucharest Academy of Economic Studies The Bucharest Academy of Economic Studies The European Union is currently confronted with major economic and demographic changes that are challenging its ability to maintain strong social cohesion. Some possible solutions can be considered, such as increasing the employment for older workers and for women. In a comparative analysis for ten European countries, Romania has the lowest life expectancy, of 72.2 years, and the largest difference between life expectancy and standard retirement age, of 9.7 years. The private administrated pension funds can be a solution for labour market crisis from Romania; so recently there were adopted and implemented the regulations for this field. http://store.ectap.ro/articole/419.pdf public pensiondemographic changesold dependency ratiomultipillar pension systemEuropean Union
spellingShingle Mihaela Dragota
Emilian Miricescu
Deficiencies of the Public Pension System in Romania. Some Reform Measures Derived from the EU Experience
Theoretical and Applied Economics
public pension
demographic changes
old dependency ratio
multipillar pension system
European Union
title Deficiencies of the Public Pension System in Romania. Some Reform Measures Derived from the EU Experience
title_full Deficiencies of the Public Pension System in Romania. Some Reform Measures Derived from the EU Experience
title_fullStr Deficiencies of the Public Pension System in Romania. Some Reform Measures Derived from the EU Experience
title_full_unstemmed Deficiencies of the Public Pension System in Romania. Some Reform Measures Derived from the EU Experience
title_short Deficiencies of the Public Pension System in Romania. Some Reform Measures Derived from the EU Experience
title_sort deficiencies of the public pension system in romania some reform measures derived from the eu experience
topic public pension
demographic changes
old dependency ratio
multipillar pension system
European Union
url http://store.ectap.ro/articole/419.pdf
work_keys_str_mv AT mihaeladragota deficienciesofthepublicpensionsysteminromaniasomereformmeasuresderivedfromtheeuexperience
AT emilianmiricescu deficienciesofthepublicpensionsysteminromaniasomereformmeasuresderivedfromtheeuexperience