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The Public Pension System Comparative Study Between Romania And Germany


Author Info

  • Stela Aurelia Toader

    (Romanian American University Author-Name: Iuliana Butucaru
    Romanian American University Author-Name: Iuliana Predescu
    Romanian American University)


Pensions are the main form of protection to citizens by the state social insurance. This paper aims to build a comparative study of the main categories of pension granted in the public pension system - the old-age pension in Romania and Germany. In an attempt to identify possible causes of the significant differences that exist today between the old age pension received by a Romanian and a German pensioner, this paper makes an analysis of key aspects regarding the settlement of public pension systems of the two states. Therefore, we will make a comparison between the main sources regarding the establishment of state social security, namely contributions due by employees and employers, how a pension is granted and how the public pension is calculated (Pillar I).

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Bibliographic Info

Article provided by Romanian-American University in its journal Romanian Economic and Business Review.

Volume (Year): 4 (2009)
Issue (Month): 2 (June)
Pages: 59-66

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Handle: RePEc:rau:journl:v:4:y:2009:i:2:p:59-66

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Keywords: public pension system; old-age pension; social security contributions; contribution stage; pension point;


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