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Unit Value of Net Asset to Mandatory Privately Managed Pension Funds in Romania during May 2008 - December 2015

Author

Listed:
  • Colomeischi Tudor

    (“Stefan cel Mare†University of Suceava)

  • Iancu Eugenia

    (“Stefan cel Mare†University of Suceava)

Abstract

Since 1990, the public pension system in Romania has started to deal with special problems, inparticular demographic. To these were added and all funds due to lower pension payments. In thiscontext it was introduced in 2007 private pensions. In this article we propose an analysis of how ithas evolved Pillar II mandatory private pensions in Romania in May 2008 - December 2015 interms of net asset value per unit. We considered the annual returns of the net asset value per uniton which they were recorded in Pillar II pension funds during this period.

Suggested Citation

  • Colomeischi Tudor & Iancu Eugenia, 2017. "Unit Value of Net Asset to Mandatory Privately Managed Pension Funds in Romania during May 2008 - December 2015," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 145-149, June.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:1:p:145-149
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    More about this item

    Keywords

    mandatory private pensions; Pillar II; value of the fund unit; capacity annual;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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