Acta Universitatis Danubius. Œconomica, Vol 6, No 3 (2010)

Economic and Financial Studies on the Public Pension System in Romania at Local and Global Level

Georgeta Dragomir, Luminita Iacob, Ecaterina Necsulescu, Georgeta Modiga, Carmen-Marina Dragomir


The public pension system is of paramount importance for any society, particularly through the impact that has on people's lives and the economic environment in
number of people involved (contributors and beneficiaries), the size of expenditures. The public pension system has an important part of the budget
expenditures around the world where there is still active. The aging world population, active population is declining, the unemployment rate has increased
dramatically worldwide in financial economic crisis and the effects are found in massive retirements, the "solution" to the crisis.


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