abstract: 'The pension system in Romania has undergone successive reforms,

  parametric and structural, determined by a complex of factors such as

  the demographic aging, the significant external migration, the changes

  in the employment structure, the globalization and the growing of the

  international competition. However, the changes brought to the system

  have not been accompanied by gender impact studies. The current pension

  system, build in accordance with the World Bank model, put more emphasis

  on the contribution principle, the items of redistribution being very

  few. This particularly affects women, since women often have lower

  participation in the labour market, more frequent career breaks, being

  overrepresented in low-paid occupations and having a higher share

  between people with atypical employment contracts, and thus likely to

  accumulate lower retirement rights than men. Our study performs a

  careful analysis of the Romanian pension system in terms of complying

  with the principles of gender equality. The methodology includes the

  examination of the legislative framework, as well as the assessment of

  the pension adequacy for men and women based on a microeconomic model.

  Our approach takes into account the calculation and comparison of gross

  and net theoretical replacement rates for men and women with different

  career and income profiles, using certain assumptions about the economic

  and demographic variables. Our study confirms the existence of gender

  inequality in the pension system today. The system design is largely

  responsible for the replication of gender inequalities that exist in the

  labour market. The awareness of these issues is an important step in

  fostering policy makers to take measures towards promoting the gender

  equality in the pension field.'
affiliation: 'Mladen, L (Corresponding Author), Natl Sci Reas Inst Labour \& Social
  Protect, Bucharest, Romania.

  Mladen, Luise; Ghenta, Mihaela, Natl Sci Reas Inst Labour \& Social Protect, Bucharest,
  Romania.

  Mladen, Luise, Spiru Haret Univ, Bucharest, Romania.'
author: Mladen, Luise and Ghenta, Mihaela
author_list:
- family: Mladen
  given: Luise
- family: Ghenta
  given: Mihaela
book-group-author: SGEM
booktitle: POLITICAL SCIENCES, LAW, FINANCE, ECONOMICS AND TOURISM, VOL II
da: '2023-09-28'
files: []
isbn: 978-619-7105-26-1
issn: 2367-5659
keywords: pension systems; pension reform; gender issues; pension adequacy
language: English
note: 'International Multidisciplinary Scientific Conferences on Social

  Sciences and Arts (SGEM 2014), Albena, BULGARIA, SEP 01-10, 2014'
number-of-cited-references: '6'
pages: 543-550
papis_id: dfa0fdda8a4105e4570041a6cd7e7e19
ref: Mladen2014pensionreform
series: 'International Multidisciplinary Scientific Conferences on Social

  Sciences and Arts'
times-cited: '0'
title: PENSION REFORM IN ROMANIA AND ITS IMPLICATIONS ON PENSION ADEQUACY FOR WOMEN
type: Proceedings Paper
unique-id: WOS:000359614600069
usage-count-last-180-days: '0'
usage-count-since-2013: '3'
web-of-science-categories: Business, Finance
year: '2014'