Dynamics of Mandatory Private Pension Funds from Romania in May 2008 - March 2015 and from the Perspective of Contributions and Assets

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

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 1, 248-254

Abstract: Romanian pension system began to confront in the 90s with serious demographic problems. If we add to these those resulting from insufficient funds for payment of pensions, we have provided the framework that led to the introduction in 2007 of private pensions. Basically we can say that it started out a new pension system structured on three pillars, one of state and two private. In this article we propose an analysis of how it has evolved Pillar II of mandatory private pensions in Romania in May 2008 - March 2015, following two main aspects: contributions paid to Pillar II (taking into account the dynamics of total monthly contributions pai , total annual receipts from contributions and dynamics of average monthly contributions per participant to Pillar II) and Pillar II assets (following the evolution of total assets and net assets of Pillar II)

Keywords: mandatory private pension; participants; contributions; Pillar II; total assets. (search for similar items in EconPapers)
JEL-codes: O1 O2 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xv:y:2015:i:1:p:248-254

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