Budget Level of Social Security Pension in Romania Compared to Social Aid Established by the Legislator

Viorel Craciuneanu () and Daniel Stefan ()

Knowledge Horizons - Economics, 2015, vol. 7, issue 1, 116-121

Abstract: At global level pension system is going through a crisis that is likely to become more acute. Currently, the European Union, the funding of the pension scheme generates impressive cost in order to keep it afloat. In order to design a basic scenario of demographic transformations in the public pension system, the most recent amendments to the legislation are forseen, as is the case in Romania. Saving public pension system may be achieved through the implementation of private pension plans, capital generating, the reference solution proposed by the Dutch economists Lans Bovenberg and Casper van Ewijk.

Keywords: The social insurance system; social security; pension system; isolation; marginalization; minimum social pensions; social insurance budget; social solidarity allowance; social inclusion; the standard of living; private pension; capital market (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://orizonturi.ucdc.ro/arhiva/khe7nr1/craciuneanu2.pdf (application/pdf)
http://orizonturi.ucdc.ro/arhiva/khe7nr1/craciuneanu2.pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:khe:journl:v:7:y:2015:i:1:p:116-121

Access Statistics for this article

More articles in Knowledge Horizons - Economics from Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest Contact information at EDIRC.
Bibliographic data for series maintained by Adi Sava ().