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A study on the factors affecting the adequacy, sustainability and security of retirement-income

Author

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  • Militaru Nicolae Daniel

Abstract

This article addresses a very topical issue that is on the agenda of governments from all EU Member States, namely to ensure their citizens an adequate, sustainable and safe income in retirement. The aim of the paper is to identify the factors that influence pension funds and to find solutions that meet the EU Member States' efforts to create viable, sustainable and adequate pension systems in order to ensure the long-term sustainability of public finances.

Suggested Citation

  • Militaru Nicolae Daniel, 2015. "A study on the factors affecting the adequacy, sustainability and security of retirement-income," Impact of Socio-economic and Technological Transformations at National, European and International Level (ISETT), Institute for World Economy, Romanian Academy, vol. 3.
    • Handle: RePEc:iem:imptrs:v:3:y:2015:id:2822000009326115
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    More about this item

    Keywords

    retirement age; risk-of-poverty; the private pension fund system; the aggregate replacement rate; average life expectancy;
    All these keywords.

    JEL classification:

    • G35 - Financial Economics - - Corporate Finance and Governance - - - Payout Policy
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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