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- Title
DEMOGRAPHIC EFFECTS UPON SOCIAL SECURITY SUSTAINABILITY.
- Authors
MILOS, Marius Cristian
- Abstract
The reform of the pension system can be politically, ideologically, economically and socially influenced, but this thing can not be realized in a short period of time, because it assumes the adoption of long-time horizon measures and the assessment of their effects. Nowadays, there is encouraged the organization and application of a multi-pillar pension system which guarantees sufficient public funds, as well as private pension funds. It is remarkable the fact that Romania has not registered in the last years major deficits of the public pension system, but it looks like on the long term the deficits are harder and harder to be managed and to be financed. A fair valuation, but simple in the same time of the sustainability of the public pension system in the current financial and economic Romanian context can be made through the analysis of the pension expenditures and of the demographic variables which increase the pressure on the public pension expenditures.
- Subjects
ROMANIA; PENSIONS; PENSION cost-of-living adjustments; PENSIONS -- Social aspects; PUBLIC pension trusts; ACCOUNTING
- Publication
Annals of Eftimie Murgu University Resita, Fascicle II, Economic Studies, 2012, p268
- ISSN
1584-0972
- Publication type
Article