Securitatea socială în România
Social security in Romania

Summary/Abstract: After 1989 Romania as almost all the Eastern European countries faced a growing lack of resources necessary for the pension system balance. This situation had as its main causes: a diminished economic activity and consequently an increasing number of unemployed that led to the decrease in the number of the social security contributors;an increase in the dependency rate due to the increase of anticipated retirements as a consequence of the strategy for reducing the unemployment ratio; the inefficiency of collecting contributions system, the increase of the fiscal evasion and of the informal economy;the increase of the monetary inflation having an important effect on the real amount of retirement benefits. These reduced retirement benefits and the inequity of the mechanisms of their allocation and actualization produced major inequalities between persons with equal contributions but different periods of contribution. That’s why the reform of the pensions’ system in Romania remained a real necessity since 1990 but the policy measures taken by different governments followed only two main paths: short term, emergency (or elections oriented) measures for increasing the benefits as a response of the increasing monetary inflation (1990 – 2000); long term reform that included individualization of the pensions fund and its administration by the state authorities and also new conditions for anticipated retirement or growth of the contribution period (after 2000).

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