Country Reports

First-pillar pension reform versus fiscal consolidation in Romania

By January 2024 (Magazine)

The pay-as-you-go pension system in Romania must deal with an ageing population as well as net migration

The law reforming the first-pillar pension system could amplify fiscal deficit problems in the shorter term 

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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.

Markus Schaen , Senior Fund Manager, MN,
The Netherlands
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