Abstract
The debate on the management of public pension systems seems to be stimulated rather by the cyclical ‘dysfunctions’ in the budget implementation and less by the true intention of offering solidity and predictability to a public system that is crucial to the balance and health of the nation. For a more solid credibility offered by the detailed knowledge of the system, we are taking the liberty of illustrating the essential aspects with details on the pensions and pensioners in Romania, without leaving aside the European community or global approaches. It has been said repeatedly in the recent years that the pension system is in a deep crisis or even on the verge of collapse! Some ‘specialists’ have strongly argued that the entire theory at the basis of the current pension system is an outdated, anachronistic in relation to the current economic and demographic evolutions. Our intervention brings to the fore aspects on the economy of longevity, of human rights to ensure motivation after work, a form of minimum comfort that society must provide for its members at the age when choice is increasingly difficult.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
Notes
- 1.
Costin C. Kiritescu National Institute for Economic Research is the repository of the OECD research series having access to lines of documentation through the Romania-OECD Centre for Studies and Documentation organized in the Institute.
References
Bădescu, I. (2009). Despre criză în lumina teoriei succesiunii coexistente (On Crisis in the light of coexisting succession theory). Romanian Centre for Comparative Economics and Consensus – Romanian Academy.
Ciutacu, C. (2000). Foreword to Salariul şi motivaţia muncii (Remuneration and Motivation for Work), author Done I. Expert Publishing House.
Ciutacu, C. (2001). Reformă și metareformă (Reform and meta-reform). Expert Publishing House.
Done, I. (2000). Salariul şi motivaţia muncii (Remuneration and motivation for work), Expert Publishing House.
Gil Aluja, J. (2021). Sistemas de pensiones para una longevidad creciente [Pension Systems for a Growing Lngevity]. RACEF.
Grigorescu, C. (2009). Evoluții macroeconomice, demografice şi reforma pensiilor – Studii selectate privind tranziția în România (Macroeconomic, demographic developments and pension reform – Selected studies on transition in Romania). Expert Publishing House and Centre for Economic Information and Documentation – Romanian Academy.
Ioan-Franc, V., & Diamescu, A.-M. Les personnes âgées entre le droit aux loisirs et marginalisation sociale. At https://racef.es/archivos/actividad_cientifica/dr._ioan_franc_racef_2020_rumania.pdf
Komlos, J. (2019). Principiile economiei într-o lume postcriză (Principles of Economy in a Postcrisis World). Centre for Economic Information and Documentation – Romanian Academy.
Pavelescu, F. (2007). Capitalul uman și performanța economică (Human Capital and Economic Performance). Expert Publishing House.
Petrescu, I. (2018). Psihologia nonagenarului în confruntarea cu propria vârstă (The psychology of the nonagenarian facing their own age). Expert Publishing House.
Pinera, J. (2000). Clopoțelul pisicii – Bătălia pentru Reforma Pensiilor (Cat’s Bell – The Battle for Pension Reform). Expert Publishing House.
Poenaru, M. (2007). Provocări pentru protecția socială derivate din îmbătrânirea demografică și din evoluțiile piețelor de muncă (Challenges for Social Protection Derived from Demographic Ageing and Labour Market Developments). In Studii și Cercetări Economice (Economic studies and research) (no. 55–56). Centre for Economic Information and Documentation – Romanian Academy.
Pop, N., & Ioan-Franc, V. (2018). România în globalizare (Romania in globalisation). Centre for Economic Information and Documentation – Romanian Academy.
Postolache, T. (2007). Vers un idéal praticable. Romanian Academy Publishing House.
Vagu, P., Stegăroiu, I. (2007). Motivarea în muncă (Motivation in work). Bibliotheca Publishing House.
Zamfir, C. (1995). Dimensiuni ale sărăciei în România (Dimensions of poverty in Romania). Expert Publishing House.
***Constitution of Romania, art. 47, at http://www.cdep.ro/pls/dic/site2015.page?den=act2_1&par1=2#t2c2s0sba47.
***European Commission, State of Health in the EU Romania Country Health Profile 2021 at https://www.zf.ro/business-
***NIS, Press Release no. 138/7 June 2022. In 2021, total monthly household income averaged 5,683 lei, while total monthly household spendings averaged 4,876, at www.insse.ro
***NSI Press Release no. 149/14 June 2022, Average monthly pension increased (+9,9%) in Q1 2022 compared to the previous quarter, at www.insse.ro
***Law no. 263 of 16 December, 2010 on the Unified Public Pension System, published in the Official Gazette, no. 852 of 20 December, 2010 and Law no. 127 of 8 July, 2019 on the Public Pension System, published in the Official Gazette, no. 563 of 9 July, 2019.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2023 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this paper
Cite this paper
Ioan-Franc, V., Diamescu, A.M. (2023). Motivation ‘After Work’: The Right to Retire Versus the Right ‘Not to Retire’. In: Chivu, L., De Los Ríos Carmenado, I., Andrei, J.V. (eds) Crisis after the Crisis: Economic Development in the New Normal . ESPERA 2021. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-031-30996-0_2
Download citation
DOI: https://doi.org/10.1007/978-3-031-30996-0_2
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-031-30995-3
Online ISBN: 978-3-031-30996-0
eBook Packages: Economics and FinanceEconomics and Finance (R0)