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The Mandatory Private Pensions. A European Challenge For Romania


  • Cosmin Serbanescu

    (Academy of Economic Studies, Bucharest)


The problem of national pension fund systems is a global one, due to the feeble performances of the PAYG system. The paper will focus on the main aspects of multi-pillar system. The aim of this article is to underline the similarities and differences between the several states that are already experienced in the field of the multi-pillar pension system in order to identify both the weak points that Romania might deal with, and the strong points that provide a carefree life to all social categories.

Suggested Citation

  • Cosmin Serbanescu, 2008. "The Mandatory Private Pensions. A European Challenge For Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 11(11(528)(s), pages 145-149, November.
  • Handle: RePEc:agr:journl:v:11(528)(supplement):y:2008:i:11(528)(supplement):p:145-149

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