Private Pension Funds

Stefania Amalia Jimon (), Florin Cornel Dumiter () and Nicolae Baltes ()
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Stefania Amalia Jimon: Vasile Goldis Western University of Arad
Florin Cornel Dumiter: Vasile Goldis Western University of Arad
Nicolae Baltes: Lucian Blaga University of Sibiu

Chapter Chapter 5 in Financial Sustainability of Pension Systems, 2021, pp 101-124 from Springer

Abstract: Abstract The sociodemographic situation in CEE, characterized by the reduction of birth rate and increased share of elderly, draws attention to national social protection systems and in particular to public pension systems. The direct link between the labor market and public pension systems, based on the principle of social solidarity between generations, runs the risk of diminishing budgetary resources obtained from social contributions, while spending on benefits will increase, due to a higher number of beneficiaries, as well as due to the increase in life expectancy, which will determine that the period for which the benefits will be provided will be longer.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:fimchp:978-3-030-74454-0_5

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DOI: 10.1007/978-3-030-74454-0_5

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