IDEAS home Printed from
   My bibliography  Save this article

The public pension system in Romania – analysis before and after 1999


  • Lucia Croitoru

    () (Romanian-American University Bucharest, Faculty of Domestic and International Commercial and Financial Banking Relations)

  • Laurentiu Baranga

    () (Titu Maiorescu University Bucharest)

  • A.Predescu

    () (Spiru Haret University Bucharest, Faculty of Accounting and Finance)

  • Alexandra Pricopi

    () (Romanian-American University Bucharest, Faculty of Domestic and International Commercial and Financial Banking Relations)


Objectives This paper aims to examine the public pension system in Romania and the significant differences that 1999 brought it. It is important to see if system effects such as the number of beneficiaries and collapse on the number of taxpayers are experienced in present. It explores the main types of pension granted in the public pension system - pensions for old age. Approach It is an attempt to identify the main sources (contributions owed by employers and employees) and also the way pensions are calculated and given before and after 1999. Results We conclude that public pension system in Romania has suffered many changes in a positive way. Implications For taxpayers, both employers and employees it is important that the public pension system work in optimal conditions, that the minimum and maximum contribution "stage" take the proper values. Value Knowing the importance of the public pension system in the Romanian society will know what measures should be taken to improve it..

Suggested Citation

  • Lucia Croitoru & Laurentiu Baranga & A.Predescu & Alexandra Pricopi, 2011. "The public pension system in Romania – analysis before and after 1999," EuroEconomica, Danubius University of Galati, issue 30, pages 55-59, November.
  • Handle: RePEc:dug:journl:y:2011:i:30:p:55-59

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Georges de Menil & Eytan Sheshinski, 2002. "Romania's Pension System: From Crisis to Reform," NBER Chapters,in: Social Security Pension Reform in Europe, pages 401-438 National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dug:journl:y:2011:i:30:p:55-59. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Florian Nuta). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.