Private Pension Pillars – An Alternative to Public System
Private Pension Pillars – An Alternative to Public System
Author(s): Cosmin Şerbănescu, Andreea Popa, Irina PopaSubject(s): Labor relations, Management and complex organizations, Economic development, Financial Markets, Human Resources in Economy
Published by: EDITURA ASE
Keywords: multi-pillar system; pension system; accounting unit value; unemployment rate; accounts;
Summary/Abstract: Nowadays, we all try to provide ourselves a better living and increase the wealth. The future is strongly related to the pension amount, especially being known the high probability of an increased retirement age. As a consequence, the International Monetary Fund has implemented the foundations of the multi-pillar system, as a response to the public difficulties faced for the last few years. The core goal of our paper is to analyze the main features of the Romanian system as a sine qua non for economic stability. We assert the accounting unit value and number of inactive accounts to be the key elements for the system assessment.
Journal: Revista de Management Comparat Internațional
- Issue Year: 10/2009
- Issue No: S1
- Page Range: 87-91
- Page Count: 5
- Language: English
