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The Voluntary Contributions Model – Study Regarding The Completion Of The Length Of Service

Author

Listed:
  • Constantin Anghelache

    (Bucharest University of Economic Studies, „ARTIFEX” University of Bucharest)

  • Ana CARP

    („ARTIFEX” University of Bucharest)

Abstract

In this article we present the study on “Buying years of service (seniority)” which is a particular case of the voluntary contributions model proposed by the author in a previous work. In the case study presented in this article, we show the groups of people addressed by Law no.186 / 2016 for “buying years of service”, we quantify the results of applying this legislative measure and we estimate the implications on the evolution of pensions and on the price of the contributions’ refunding for the categories of people with incomplete length of service.

Suggested Citation

  • Constantin Anghelache & Ana CARP, 2016. "The Voluntary Contributions Model – Study Regarding The Completion Of The Length Of Service," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(12), pages 194-201, December.
    • Handle: RePEc:rsr:supplm:v:64:y:2016:i:12:p:194-201
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    References listed on IDEAS

    as
    1. Constantin Anghelache & Alexandru Manole & Madalina Gabriela Anghel & Alexandru Ursache, 2016. "Correlation between the evolution of the population and the labor market," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(3), pages 102-111, March.
    2. Constantin MITRUT & Constantin ANGHELACHE & Ana ANTON CARP & Adina Mihaela DINU, 2012. "Some Elements regarding the Benefits of the Public Pensions System," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 60(4), pages 440-450, November.
    3. 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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    Cited by:

    1. Ana CARP, 2017. "Wage correlation with consumer price index – Compensation and indexing," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(11), pages 54-64, November.

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    More about this item

    Keywords

    pensions; years of service; contributions; length of service; public system; invalidity;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions

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