文章基本信息

标题：PENSION SYSTEM AND THE FINANCIAL CRISIS
本地全文：下载
作者：Utureanu Simona-Luize Nicodim Liliana
期刊名称：Annals of the University of Oradea : Economic Science
印刷版ISSN：1222-569X
电子版ISSN：1582-5450
出版年度：2009
卷号：XVIII
期号：01
出版社：University of Oradea
摘要：The pension fund assets are affected as well by the financial crisis. It is advisable to avoid abrupt policy changes in response to the immediate conditions. Pension systems are designed to function over very long time periods. When rare circumstances are encountered, the short term responses we can get can potentially have negative consequences, on the long term, on the capacity of pension systems to reliably provide adequate levels of retirement income. Without basically modify the system design, measures to mitigate the consequences on the relatively small number of retiring individuals can be considered. The need for diversified multi-pillar pension systems, which are able to manage risks and provide protection to individuals, is strengthened by the current crisis.
关键词：pension, reform, crisis