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Tendencies in the evolution of the private pensions system in Romania

Author

Listed:
  • Gabriela ANGHELACHE

    (Academia de Studii Economice din Bucuresti)

  • Alexandru MANOLE

    (Universitatea „Artifex” din Bucuresti)

  • Ana CARP

    (Universitatea „Artifex” din Bucuresti)

  • Cristina SACALA

    (Institutul National de Statistica, Bucuresti)

Abstract

In this paper, the authors present the trends in the private pensions system of Romania. The main topics analysed are the two pillars of the system (Pillar II and Pillar III), the volume of the contributions, the assets of the pension funds, the evolution of total assets. Also, the analysis based on age groups provided useful conclusions for the study, as well as the structural study of the currency characteristic. A section of the paper is dedicated to the performance indicators on the private pensions market, key parameters who help everyone interested in the appraisal of a singular fund, or comparative analyses across the market.

Suggested Citation

  • Gabriela ANGHELACHE & Alexandru MANOLE & Ana CARP & Cristina SACALA, 2016. "Tendencies in the evolution of the private pensions system in Romania," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(11), pages 101-111, November.
    • Handle: RePEc:rsr:supplm:v:64:y:2016:i:11:p:101-111
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    References listed on IDEAS

    as
    1. Vasile ROBU & Maria Iuliana SANDU, 2011. "An Analysis of the Correlation between Size and Performance of Private Pension Funds," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(3(556)), pages 107-116, March.
    2. Marilen Pirtea & Laura Raisa Iovu & Marius Cristian Milos, 2008. "Importance of Non-banking Financial Institutions and of the Capital Markets in the Economy. The Case of Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 5(5(522)), pages 03-10, May.
    3. L. Eeckhoudt & C. Gollier & H. Schlesinger, 2005. "Economic and financial decisions under risk," Post-Print hal-00325882, HAL.
    4. R. David Mclean & Tianyu Zhang & Mengxin Zhao, 2012. "Why Does the Law Matter? Investor Protection and Its Effects on Investment, Finance, and Growth," Journal of Finance, American Finance Association, vol. 67(1), pages 313-350, February.
    5. Sergey Chernenko & Adi Sunderam, 2014. "Frictions in Shadow Banking: Evidence from the Lending Behavior of Money Market Mutual Funds," The Review of Financial Studies, Society for Financial Studies, vol. 27(6), pages 1717-1750.
    6. Constantin ANGHELACHE & Aurelian DIACONU, 2016. "Considerations on the evolution of the number of pensioners and pensions," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(4), pages 140-145, April.
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