THE INFLUENCE OF THE DEMOGRAPHIC PHENOMENA ON PENSION EXPENDITURE IN EU MEMBER STATES

Elena Lucia Croitoru () and Vasile Ilie ()
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Elena Lucia Croitoru: Romanian American University

Romanian Economic Business Review, 2013, vol. 8, issue 3.1, 85-91

Abstract: The demographic situation in the EU Member States is changing and the age pyramid reverses. This indicates a low number of active people and a growing number of retired. The effect is the increase in pension expenditure. This growth pose serious problems to all Member States, as projections show growth and over 100% in the horizon of 2060 in terms of pension expenditure

Keywords: demography, pension system; pension expenditure; age limit pension (search for similar items in EconPapers)
Date: 2013
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