IDEAS home Printed from https://ideas.repec.org/a/ora/journl/v3y2008i1p556-561.html
   My bibliography  Save this article

Accumulation And Deccumulation Of Universal Pension Funds. The Case Of Romania

Author

Listed:
  • Seulean Victoria

    () (Universitatea de Vest din Timisoara, Facultatea de Economie si de Administrare a Afacerilor)

  • Donath Liliana

    () (Universitatea de Vest din Timisoara, Facultatea de Economie si de Administrare a Afacerilor)

Abstract

The pension system reform in Romania initiated in 2000 is based on three pillars: 1) the public redistributive mandatory pillar; 2) the private mandatory pillar; 3) the private optional pillar. The paper tries to answer a few questions concerning the juridical and technical problems raised by the implementation of the last two pillars. The method used is that 'of scenarios', and the simulations are made separately for men and women, given that the duration of contribution payment and also the life expectancy at retirement are, at least in the present, different for the two categories of beneficiaries.

Suggested Citation

  • Seulean Victoria & Donath Liliana, 2008. "Accumulation And Deccumulation Of Universal Pension Funds. The Case Of Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 3(1), pages 556-561, May.
  • Handle: RePEc:ora:journl:v:3:y:2008:i:1:p:556-561
    as

    Download full text from publisher

    File URL: http://steconomice.uoradea.ro/anale/volume/2008/v3-finances-banks-accountancy/099.pdf
    Download Restriction: no

    More about this item

    Keywords

    private pension; universal pension funds; accumulation; deccumulation;

    JEL classification:

    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • F15 - International Economics - - Trade - - - Economic Integration

    Statistics

    Access and download statistics

    Corrections

    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:ora:journl:v:3:y:2008:i:1:p:556-561. 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: (Catalin ZMOLE). General contact details of provider: http://edirc.repec.org/data/feoraro.html .

    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.

    We have no references for this item. You can help adding them by using 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.