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Motivation ‘After Work’: The Right to Retire Versus the Right ‘Not to Retire’

In: Crisis after the Crisis: Economic Development in the New Normal

Author

Listed:
  • Valeriu Ioan-Franc

    (National Institute of Economic Research ‘Costin C. Kirițescu’, (NIER) Romanian Academy, Romanian Academy House)

  • Andrei Marius Diamescu

    (National Institute of Economic Research ‘Costin C. Kirițescu’, (NIER) Romanian Academy, Romanian Academy House)

Abstract

The debate on the management of public pension systems seems to be stimulated rather by the cyclical ‘dysfunctions’ in the budget implementation and less by the true intention of offering solidity and predictability to a public system that is crucial to the balance and health of the nation. For a more solid credibility offered by the detailed knowledge of the system, we are taking the liberty of illustrating the essential aspects with details on the pensions and pensioners in Romania, without leaving aside the European community or global approaches. It has been said repeatedly in the recent years that the pension system is in a deep crisis or even on the verge of collapse! Some ‘specialists’ have strongly argued that the entire theory at the basis of the current pension system is an outdated, anachronistic in relation to the current economic and demographic evolutions. Our intervention brings to the fore aspects on the economy of longevity, of human rights to ensure motivation after work, a form of minimum comfort that society must provide for its members at the age when choice is increasingly difficult.

Suggested Citation

  • Valeriu Ioan-Franc & Andrei Marius Diamescu, 2023. "Motivation ‘After Work’: The Right to Retire Versus the Right ‘Not to Retire’," Springer Proceedings in Business and Economics, in: Luminita Chivu & Ignacio De Los Ríos Carmenado & Jean Vasile Andrei (ed.), Crisis after the Crisis: Economic Development in the New Normal, chapter 0, pages 21-30, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-30996-0_2
    DOI: 10.1007/978-3-031-30996-0_2
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