THE MANDATORY PRIVATE PENSIONS. A EUROPEAN CHALLENGE FOR ROMANIA

Cosmin Serbanescu ()

Theoretical and Applied Economics, 2008, vol. 11(528)(supplement), issue 11(528)(supplement), 145-149

Abstract: The problem of national pension fund systems is a global one, due to the feeble performances of the PAYG system. The paper will focus on the main aspects of multi-pillar system. The aim of this article is to underline the similarities and differences between the several states that are already experienced in the field of the multi-pillar pension system in order to identify both the weak points that Romania might deal with, and the strong points that provide a carefree life to all social categories.

Keywords: private pension; multi-pillar system; retirement age; pay-as-you-go; disease retirement. (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:11(528)(supplement):y:2008:i:11(528)(supplement):p:145-149

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