Considerations on Several Ways of Evolution of Public Pension System in Romania After 1990

Colomeischi Tudor () and Iancu aEugenia ()
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Colomeischi Tudor: Stefan cel Mare University, Faculty of Economics and Public Administration, Suceava, Romania
Iancu aEugenia: Stefan cel Mare University, Faculty of Economics and Public Administration, Suceava, Romania

Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 2, 149-157

Abstract: After 1989, all the countries of Central and Eastern Europe, including Romania, faced with a growing imbalance between the resources available and the necessary ones to ensure the benefits. Social reforms in most areas had a slow and difficult evolution, exerting a negative impact on the social protection system in Romania, severely affected by the economic crisis and the transition to a market economy. In the 90s it was intended, in particular, improving the existing legal framework and, to a negligible extent, radically reforming the social protection system.

Keywords: pension; public pension system; contributions; social insurance; net income replacement rates in retirement; the pension point. (search for similar items in EconPapers)
JEL-codes: O1 O2 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:149-157

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