Pension System Related Public Politics

This paper aims to find some answers regarding the long term sustainability of the pension system. Romania’s pension system originates from the invalidity insurances and pension system designed by the German cancellor Otto Eduard Leopold von Bismark in 1889. From a European perspective, Romania has...

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Main Authors: LIVIU RADU, CARMEN RADU
Format: Article
Language:English
Published: Nicolae Titulescu University 2015-05-01
Series:Global Economic Observer
Subjects:
Online Access:http://www.globeco.ro/wp-content/uploads/vol/split/vol_3_no_1/geo_2015_vol3_no1_art_010.pdf
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author LIVIU RADU
CARMEN RADU
author_facet LIVIU RADU
CARMEN RADU
author_sort LIVIU RADU
collection DOAJ
description This paper aims to find some answers regarding the long term sustainability of the pension system. Romania’s pension system originates from the invalidity insurances and pension system designed by the German cancellor Otto Eduard Leopold von Bismark in 1889. From a European perspective, Romania has to fill an obvious gap regarding the reformation of the national public pension system. International experience, particularly of the last 130 years, indicates that, in actuality, multiple pension systems have been put into function in most of the world’s countries and which are diferenciated by some elements (organizing and managing the system, defyning pension rights, method of forming the resources, the pension’s level rapported to the average income etc.) and after the eficacity degree dependent on internal influences, social, economic and demographic environment, and last but not least by the political factor.
format Article
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institution Kabale University
issn 2343-9742
2343-9750
language English
publishDate 2015-05-01
publisher Nicolae Titulescu University
record_format Article
series Global Economic Observer
spelling doaj-art-323965ce6d4743578102285e376ed4a12025-08-20T04:02:37ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502015-05-01318694Pension System Related Public PoliticsLIVIU RADU0CARMEN RADU1University Lecturer, PhD. Nicolae Titulescu University, Bucharest, ROMANIAUniversity Lecturer, PhD Nicolae Titulescu University, Bucharest, ROMANIAThis paper aims to find some answers regarding the long term sustainability of the pension system. Romania’s pension system originates from the invalidity insurances and pension system designed by the German cancellor Otto Eduard Leopold von Bismark in 1889. From a European perspective, Romania has to fill an obvious gap regarding the reformation of the national public pension system. International experience, particularly of the last 130 years, indicates that, in actuality, multiple pension systems have been put into function in most of the world’s countries and which are diferenciated by some elements (organizing and managing the system, defyning pension rights, method of forming the resources, the pension’s level rapported to the average income etc.) and after the eficacity degree dependent on internal influences, social, economic and demographic environment, and last but not least by the political factor.http://www.globeco.ro/wp-content/uploads/vol/split/vol_3_no_1/geo_2015_vol3_no1_art_010.pdfpublic pensions systemsocial securitiespublic politicseconomic sustainabilitypublic expenditures.
spellingShingle LIVIU RADU
CARMEN RADU
Pension System Related Public Politics
Global Economic Observer
public pensions system
social securities
public politics
economic sustainability
public expenditures.
title Pension System Related Public Politics
title_full Pension System Related Public Politics
title_fullStr Pension System Related Public Politics
title_full_unstemmed Pension System Related Public Politics
title_short Pension System Related Public Politics
title_sort pension system related public politics
topic public pensions system
social securities
public politics
economic sustainability
public expenditures.
url http://www.globeco.ro/wp-content/uploads/vol/split/vol_3_no_1/geo_2015_vol3_no1_art_010.pdf
work_keys_str_mv AT liviuradu pensionsystemrelatedpublicpolitics
AT carmenradu pensionsystemrelatedpublicpolitics