期刊名称：Annals of the University of Oradea : Economic Science
印刷版ISSN：1222-569X
电子版ISSN：1582-5450
出版年度：2009
卷号：XVIII
期号：01
出版社：University of Oradea
摘要：The pension fund assets are affected as well by the financial crisis. It is advisable to avoid abrupt policy
changes in response to the immediate conditions. Pension systems are designed to function over very long
time periods. When rare circumstances are encountered, the short term responses we can get can
potentially have negative consequences, on the long term, on the capacity of pension systems to reliably
provide adequate levels of retirement income. Without basically modify the system design, measures to
mitigate the consequences on the relatively small number of retiring individuals can be considered. The
need for diversified multi-pillar pension systems, which are able to manage risks and provide protection to
individuals, is strengthened by the current crisis.
