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Analysis of Pension Reforms in EU Member States

Author

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  • Elena Lucia Croitoru

    (Romanian-American University, Bucharest, Romania)

Abstract

The demographic situation in the European Union is changing. Demographic trends have a significant impact on social policies in each state and in particular on social security pensions. By 2050, the number of young active population will decrease dramatically. Meanwhile, the older population will triple. And so, the pension expenditure will increase and regarding this many countries reform they pension systems. Pension systems in the European Union are very different, due to the fact, that there is a tradition regarding the way that pensions are granted and the various phases of the reform process.

Suggested Citation

  • Elena Lucia Croitoru, 2012. "Analysis of Pension Reforms in EU Member States," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 12(2), pages 117-126.
    • Handle: RePEc:pet:annals:v:12:y:2012:i:2:p:117-126
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    File URL: http://www.upet.ro/annals/economics/pdf/2012/part2/Croitoru.pdf
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    References listed on IDEAS

    as
    1. Heijdra, Ben J. & Romp, Ward E., 2009. "Retirement, pensions, and ageing," Journal of Public Economics, Elsevier, vol. 93(3-4), pages 586-604, April.
    2. Nicholas Barr & Peter Diamond, 2006. "The Economics of Pensions," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 22(1), pages 15-39, Spring.
    3. Robert Holzmann & Ufuk Guven, 2009. "Adequacy of Retirement Income after Pension Reforms in Central, Eastern, and Southern Europe : Eight Country Studies," World Bank Publications - Books, The World Bank Group, number 2610.
    4. Prof. Dr. Robert Holzmann, 1994. "Funded and Private Pensions for Eastern European Countries in Transition?," Public Economics 9405004, University Library of Munich, Germany.
    5. Nicholas Barr & Peter Diamond, 2009. "Reforming pensions: Principles, analytical errors and policy directions," International Social Security Review, John Wiley & Sons, vol. 62(2), pages 5-29, April.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Sabina Hod?i? & Lucija Rogi? Duman?i? & Emira Be?i?, 2019. "Financial stability of pension system in the European Union member states," Proceedings of International Academic Conferences 9912130, International Institute of Social and Economic Sciences.
    2. Elena Lucia Croitoru & Vasile Ilie, 2013. "The Influence Of The Demographic Phenomena On Pension Expenditure In Eu Member States," Romanian Economic Business Review, Romanian-American University, vol. 8(3.1), pages 85-91, September.

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    More about this item

    Keywords

    reform; pension system; expenditure; age limit pension; occupational pension;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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