IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v14y2020i1p246-255n23.html
   My bibliography  Save this article

Study regarding the return of retirement pension plans and programs in Romania

Author

Listed:
  • Sahlian Daniela Nicoleta

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Trasca Daniela Livia

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Munteanu Irina Denisa

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Matac Liviu

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Pavel Daniela Codruta

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Quite often, people ask questions about the size of their retirement funds, nevertheless, demographic changes are fueling an existing insecurity. Thereby, in the actual context, it is necessary to analyze the current retirement system in order to be able to provide reliable solutions in the future. The objective of the research is to elaborate an econometric analysis based on the information available for Pillar II of retirement pensions for each fund apart, but also at the market level. The mandatory private funds of Pillar II are managed by companies existing on the Romanian market. The study aims to analyze the causal relationship between the size of the fund, analyzed through the size of the total net assets, and its profitability. The research method consists in testing the connection between the two variables through a linear regression at the market and individual level, in terms of each fund. The results of the research will complete the already existing researches and, moreover, it will provide an updated base in order to evaluate the previsions regarding the investments made from these funds and act accordingly to increase the benefits that employees receive during their retirement age.

Suggested Citation

  • Sahlian Daniela Nicoleta & Trasca Daniela Livia & Munteanu Irina Denisa & Matac Liviu & Pavel Daniela Codruta, 2020. "Study regarding the return of retirement pension plans and programs in Romania," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 14(1), pages 246-255, July.
    • Handle: RePEc:vrs:poicbe:v:14:y:2020:i:1:p:246-255:n:23
    DOI: 10.2478/picbe-2020-0023
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2020-0023
    Download Restriction: no
    File URL: https://libkey.io/10.2478/picbe-2020-0023?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Mirela Cristea & Eleftherios Thalassinos, 2016. "Private Pension Plans: An Important Component of the Financial Market," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 110-115.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mustafa Raza Rabbani & Shahnawaz Khan & Eleftherios I. Thalassinos, 2020. "FinTech, Blockchain and Islamic Finance: An Extensive Literature Review," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 65-86.
    2. Nikolay Tikhomirov & Tatiana Tikhomirova & Eldar Khamitov & Vladimir Ponomarev, 2017. "Models of Assessment of the Influnce of Insurance Assets Securitization on Stability of Mutual Insurance Societies," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 321-333.
    3. Giuliana Campanelli Andreopoulos & John Malindretos & Alexandros Panayides & Alfred Verrios, 2023. "A Complex Relationship Price / Quality: The Case of the US Health Care System," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 238-254.
    4. D. Lamasharipov, 2018. "Risk Management and Prospects for the Transition of Penitentiary System: The Case of Kazakhstan," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 488-495.
    5. Nivorozhkina L.I. & Abazieva K.G. & Dolbina S.V., 2019. "Impact of Contemporary Pension Reforms on Households’ Welfare," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 2), pages 258-269.
    6. Halil Kukaj & Fisnik Morina & Valdrin Misiri, 2020. "Profitability Analysis of Banks: Comparative Study of Domestic and Foreign Banks in Kosovo," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 87-99.
    7. Małgorzata Szczepaniak & Agnieszka Szulc-Obloza, 2021. "Associations Between Job Satisfaction and Employment Protection in Selected European Union Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 542-554.
    8. A.U. Albekov & T.F. Romanova & O.V. Andreeva & A.A. Sukhoveeva, 2018. "Current State, Problems and Priority Areas of Social Policy in Contemporary Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 3-10.
    9. Dragoș Alexandru HAȘEGAN, 2019. "An analyses model of the Romanian privately managed pension system," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(621), W), pages 139-148, Winter.
    10. Nerovnya Yu.V. & Romanov D.G. & Shirshov V.Yu., 2018. "Development Trends for the Insurance Industry in Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 474-484.
    11. repec:agr:journl:v:4(621):y:2019:i:4(621):p:139-148 is not listed on IDEAS
    12. Katarzyna Hampel & Paulina Ucieklak-Jez & Agnieszka Bem & Przemyslaw Ruta & Pawel Predkiewicz & Kamila Urbanska, 2023. "Revolutionizing Healthcare: The Crucial Impact of Relational Marketing Strategies," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 78-96.
    13. Katarzyna Skrzeszewska, 2020. "Employees of the Global Labor Market and the Polish Social Security System," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 363-376.
    14. Petrovskaya N.E. & Kutsegreeva L.V. & Maksaev A.A. & Raevich I.A., 2019. "Socio-economic Consequences and Prospective Opportunities of the International Labour Migration as a Process of the Global Labour Market Development," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 2), pages 203-210.
    15. I.P. Denisova & K.N. Samoylova & V.Y. Shirshov & M.Z. Myzaev, 2019. "The Digitalization Features of the Russian Social Media Market Insurance Service," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 2), pages 167-175.
    16. Andrei V. Vlasov, 2017. "Pension System as a Demographic Recession Factor," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 443-452.
    17. S.S. Galazova & T.F. Romanova & M.O. Otrishko & A.L. Malyuga, 2018. "Development of Health Care Financial Provision System: Experience in the Russian Federation and in Other Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 53-62.
    18. Zinaida Petrovna Zamaraeva & Konstantin Anatolievich Antipyev & Stanislav Ivanovich Reutov & Galina Aleksandrovna Telegina & Valeria Andreevna Ledentsova & Ksenia Andreevna Voronova, 2018. "The Basic Concept of the Resource-Potential Approach in Social Security in Russia and International Experience," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 417-433.
    19. Marzanna Lament & Sławomir Bukowski, 2021. "Business Model Impact on the Financial Efficiency of Insurance Companies," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 4), pages 237-247.
    20. Ishay Wolf & Lorena Caridad Lopez del Rio, 2021. "Benefit Adequacy in Funded Pension Systems: Micro-Simulation of the Israeli Pension Scheme," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 143-164.
    21. Dr. Fentaw Leykun, 2020. "Insurance Market Development, Financial Service Export and Economic Growth: Evidence from East African Countries," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 10(1), pages 57-98.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:poicbe:v:14:y:2020:i:1:p:246-255:n:23. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.