Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/157647
Authors: 
Miricescu, Emilian-Constantin
Year of Publication: 
2012
Citation: 
[Journal:] Budgetary Research Review (BRR) [ISSN:] 2067-1784 [Volume:] 4 [Year:] 2012 [Issue:] 1 [Pages:] 65-72
Abstract: 
Most European Union countries are facing with major problems regarding their public pension systems. Romania has large difficulties in its public pension system, of which we consider the most important is the large number of beneficiaries and the small number of contributors, that determine a huge social insurance budget deficit. The development of private pensions represents an opportunity to enhance the pensioners' living standard. This paper focuses on revealing the difficulties in the Romania's public pension system and making recommendations regarding the improvement of the system.
Subjects: 
social insurance budget
public pension
private pension
social allowance for pensioners
JEL: 
H55
J26
Document Type: 
Article
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