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Theoretical and Applied Economics
No. 9 / 2010 (550)

The Public Pension System of Romania between Crisis and Reforms. The Case of Special Pensions System

Ingrid-Mihaela DRAGOTĂ
Bucharest Academy of Economic Studies
Emilian MIRICESCU
Bucharest Academy of Economic Studies

Abstract. The public pension systems have real difficulties, at the international level. The public authorities take different measures to reform the system, the multi-pillar system being considered as a “miraculous” solution. The incidence of the political factor is significant for the particular reforms and the social inequities will remain, no matter the specific efforts, as long as the interests of the financial institutions and the political factor stay strongly interconnected. Special pensions raise political and academic debates, mainly for the sums received by their beneficiaries. In this study we analyse the actual stage for the specific reforms and the degree of social inequity for the special pension case.

Keywords: social security; revenue redistribution; public pension reform; social equity; special pensions.

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