THE VOLUNTARY CONTRIBUTIONS MODEL – STUDY REGARDING THE COMPLETION OF THE LENGTH OF SERVICE

Constantin Anghelache and Ana Carp
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Constantin Anghelache: Bucharest University of Economic Studies, „ARTIFEX” University of Bucharest

Romanian Statistical Review Supplement, 2016, vol. 64, issue 12, 194-201

Abstract: In this article we present the study on “Buying years of service (seniority)” which is a particular case of the voluntary contributions model proposed by the author in a previous work. In the case study presented in this article, we show the groups of people addressed by Law no.186 / 2016 for “buying years of service”, we quantify the results of applying this legislative measure and we estimate the implications on the evolution of pensions and on the price of the contributions’ refunding for the categories of people with incomplete length of service.

Keywords: pensions; years of service; contributions; length of service; public system; invalidity (search for similar items in EconPapers)
JEL-codes: H55 J32 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rsr:supplm:v:64:y:2016:i:12:p:194-201

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