Original scientific paper
https://doi.org/10.1080/1331677X.2016.1169705
Romanian pensions system at a glance: some equity comments
Alina Cristina Nuţă
Constantin Zaman
Florian Marcel Nuţă
Abstract
The main objective of this study is to analyse the equity issues of the
Romanian pension system. The analysis is carried out at two levels: at the nationwide level, aimed at identifying the welfare implications of recent reforms adopted by the Romanian government on the unitary system of pensions, and at the regional level, where we try to identify differences and similarities across counties with respect to nominal and real average benefits received by pensioners. The conclusions of the analysis show that the new pension law ended up with an increase of the average benefit for high pensions, while low benefits remained practically the same as they were before the reform. At regional levels, in most of the counties the average real pension (indexed by the cost of living) is above the nominal one.
Keywords
Pension system; equity; cost of living; welfare; Romania
Hrčak ID:
171732
URI
Publication date:
22.12.2016.
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