Analysis of the System of Social Insurances for Pensioners in Romania

Oana Dobre-Baron

Annals of the University of Petrosani, Economics, 2008, vol. 8, issue 1, 145-156

Abstract: The level of pensions in Romania represents a topic of passionate debates within the political class, beginning with 1990 until nowadays. The alarming increase of the number of pensioners that has surpassed the number of employees in the economy correlated with the level of economical and social development of our country resulted in the impossibility of creating a system of social insurances for elder persons capable of assuring a decent level of their incomes. Accordingly, the analysis of the various categories of pensions covering 12 years has emphasized the fact that, generally, pensions are not able to provide a decent living standard for those who get them; neither they are capable of eliminating poverty in case of a quite important part of the population in our country; subsequently they have proved not to be capable to play their part as social insurances against risks, in our case the risk of being old

Keywords: pensioners’ incomes; pensions system; social insurances; social security (search for similar items in EconPapers)
Date: 2008
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