出版社：“Victor Slăvescu‿Centre for Financial and Monetary Research
摘要：Ensuring the incomes required at the retirement age, in order to ensure an optimal income replacement rate after the active period, represents an issue of utmost importance because the pension systems are underlying the social security of the population, they interact and have implications at the macroeconomic level in that they influence and they are influenced by the labor market, by the capital market, the level of GDP, the unemployment rate, the inflation rate and the budget balance. The longevity risk is a concern of the providers of annuities (pensions), the increase thereof being the consequence of improvement of the average life expectancy of the people that reached retirement age. A global concern is that improvement of life expectancy at the standard retirement age is not properly considered when estimating the level of the annuities (pensions) which will be obtained after retirement. In the analysis performed i estimated the income replacement rates at standard retirement age taking into account the main demographic and financial parameters that will influence the level of pensions in Romania. The conclusions highlight the issues to which the Romanian pension system will have to find solutions.
