The Current and Future Consistency of the Pension System and Social Security in Romania in the Face of Demographic Changes

Mirela Cristea; GraÅ£iela Georgiana Noja

Jump to Content

Chapter 5 The Current and Future Consistency of the Pension System and Social Security in Romania in the Face of Demographic Changes

äºSocial Security in the Balkans â Volume 1

èèï¼

Mirela Cristea

Mirela Cristea
Search for other papers by Mirela Cristea in
Current site
Google Scholar
PubMed

and

GraÅ£iela Georgiana Noja

GraÅ£iela Georgiana Noja
Search for other papers by GraÅ£iela Georgiana Noja in
Current site
Google Scholar
PubMed

ç±»å:: ç« è

Page Range:: 137â168

DOI:: https://doi.org/10.1163/9789004466579_007

Purchase instant access (PDF download and unlimited online access):

â¬42.00â¬35.00Â excl. VAT

Add to Cart

æ¾åè®¿é®ä»¤ç

Abstract

Pay-As-You-Go (PAYG) pension systems around the world are based on the social security contributions of the labor force; as such, they are unfavorably influenced by demographic factors such as ageing of the population and the increasing phenomenon of migration in developing countries. On this basis, the purpose of this chapter is to highlight the organizational path of the Romanian pension system (the most important component of social security) and the influence of the demographic changes that will occur in the coming years. The study used Structural Equation Modelling (SEM) and integrative assessment (direct, indirect and total) of specific pension indicators and demographic data from Romania for the period 1990â2017. The results reveal that the working population (through social security contributions paid) is unable to sustain the PAYG public pension system in Romania in the face of demographic shortcomings. Thereby, adequate integration strategies and policies on the labor market, in particular relating to people aged 55â64, have become a policy priority in Romania. Therefore, it is essential to supplement public pensions with private ones, at least the mandatory component (by the authorities maintaining this pillar) for a sustainable pension system in Romania.

å¼ç¨ä¿¡æ¯

Save
Cite
Email this content

Share Link

Copy this link, or click below to email it to a friend
Email this content
or copy the link directly:

https://brill.edhh.ma/abstract/book/9789004466579/BP000006.xml
The link was not copied. Your current browser may not support copying via this button.

Link copied successfully

Social Security in the Balkans â Volume 1

An Overview of Social Policy in Croatia, Albania, Bosnia and Hercegovina, Greece, Romania and Bulgaria

ä¸ç¼ï¼ Studies in Critical Social Sciences, å·ï¼ 192

Cover Social Security in the Balkans â Volume 1

ISBN:: 9789004466579

åºçç¤¾:: Brill

å°å·åºçæ¥æ:: 22 Sep 2021

Subjects
- Social Sciences

Front Matter

Back Matter

ç»è®¡æ°æ®

	å¨é¨æé´	è¿å»ä¸å¹´	è¿å»30å¤©
æè¦æµè§æ¬¡æ°	537	178	9
å¨ææµè§æ¬¡æ°	6	1	0
PDFä¸è½½æ¬¡æ°	6	0	0

African Studies	Education	Media Studies
American Studies	History	Middle East and Islamic Studies
Ancient Near East and Egypt	Human Rights and Humanitarian Law	Musicology
Art History	International Law	Philosophy
Asian Studies	International Relations	Religious Studies
Biblical Studies	Jewish Studies	Slavic and Eurasian Studies
Biology	Languages and Linguistics	Social Sciences
Book History and Cartography	Life Sciences	Theology and World Christianity
Classical Studies	Literature and Cultural Studies

Subjects

AppBar-Authors 2025

AppBar-Open Access 2025

AppBar-Product Information 2025

AppBar-Company 2025

AppBar-Contact 2025

Chapter 5 The Current and Future Consistency of the Pension System and Social Security in Romania in the Face of Demographic Changes

Abstract

å¼ç¨ä¿¡æ¯

Share Link

Social Security in the Balkans â Volume 1

An Overview of Social Policy in Croatia, Albania, Bosnia and Hercegovina, Greece, Romania and Bulgaria

ç®å½

ç»è®¡æ°æ®

ç»è®¡æ°æ®

å¼ç¨ä¿¡æ¯

Social Security in the Balkans â Volume 1

ç»è®¡æ°æ®