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Pension Calculation Models in European Social Security Systems

Author

Listed:
  • Virginia CUCU

    (“Artifex” University of Bucharest)

  • Florin Paul Costel LILEA

    (“Artifex” University of Bucharest)

  • Ana (CARP) ANTON

    (Lucian Blaga University, Sibiu)

  • Catalina Claudia SAVA

    (Lucian Blaga University, Sibiu)

Abstract

An often discussed theme is the pensions’ calculation formula. Even if there is no magical formula, the problem to choose the social insurance model through a software depending a series of system parameters. The analysis we make in this article is based on the study of applicable law in European countries and the synthese elaborated by MISSOC (The EU's Mutual Information System on Social Protection). This incursion into the social insurance systems of the main states of the European Union is at the base of realizing the scope of introspection of the modality to establish the formula of benefits, to elaborate a calculation formula in the saes in which studied sources ave not designed an explicit formula, to emphasize the factors that determine the level of benefits and the criteria to redistribute benefits.

Suggested Citation

  • Virginia CUCU & Florin Paul Costel LILEA & Ana (CARP) ANTON & Catalina Claudia SAVA, 2012. "Pension Calculation Models in European Social Security Systems," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 60(4), pages 304-313, November.
  • Handle: RePEc:rsr:supplm:v:60:y:2012:i:4:p:304-313
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    More about this item

    Keywords

    social security; state pensions; benefits; supplementary pension; insurants;

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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