STATE PENSION OR PRIVATE PENSION?

Mangra Madalina Giorgiana
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Mangra Madalina Giorgiana: UNIVERSITY OF CRAIOVA, FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, CRAIOVA, ROMANIA

Annals - Economy Series, 2015, vol. 1II, 40-44

Abstract: The lack of sustainability of the public pension system brings into attention the private pension system, either mandatory (Pillar II) or optional (Pillar III). Young employees do not perceive the future in bright colours while seeking solutions to shift from consumption to saving for retirement period. As long as the public pension system is weak, an important milestone for individual savings is represented by the private pension.

Keywords: reform; public pension system; private pension system. (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2015:v:1ii:p:40-44

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