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Pension Calculation Models in European Social Security Systems

Virginia Cucu, Florin Paul Costel Lilea (), Ana Carp and Catalina Claudia Sava
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Virginia Cucu: “Artifex” University of Bucharest
Catalina Claudia Sava: Lucian Blaga University, Sibiu

Romanian Statistical Review Supplement, 2012, vol. 60, issue 4, 304-313

Abstract: An often discussed theme is the pensions’ calculation formula. Even if there is no magical formula, the problem to choose the social insurance model through a software depending a series of system parameters. The analysis we make in this article is based on the study of applicable law in European countries and the synthese elaborated by MISSOC (The EU's Mutual Information System on Social Protection). This incursion into the social insurance systems of the main states of the European Union is at the base of realizing the scope of introspection of the modality to establish the formula of benefits, to elaborate a calculation formula in the saes in which studied sources ave not designed an explicit formula, to emphasize the factors that determine the level of benefits and the criteria to redistribute benefits.

Keywords: social security; state pensions; benefits; supplementary pension; insurants (search for similar items in EconPapers)
JEL-codes: H55 (search for similar items in EconPapers)
Date: 2012
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