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Pension System In Romania – Current Issues

Author

Listed:
  • Marius Dan Gavriletea

    (Babes-Bolyai University, Cluj-Napoca)

  • Aura Carmen Moga

    (Babes-Bolyai University, Cluj-Napoca)

Abstract

The popular saying "who doesn't have elderly, should buy" had lost its relevance in the face of many current problems of pension systems. Aging population, declining birth rates and fertility are the current demographic trends worldwide, threatening the sustainability of social protection systems. The study explores the public pension system in Romania, operating principles, sustainability, the evolution of the average pension, retirement ages compared with other European Union countries.

Suggested Citation

  • Marius Dan Gavriletea & Aura Carmen Moga, 2009. "Pension System In Romania – Current Issues," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 12(12(541)(s), pages 400-405, December.
    • Handle: RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:400-405
    as

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