Adina, Ciobotea; Cristina, Oaca Sorina - In: Ovidius University Annals, Economic Sciences Series XI (2011) 1, pp. 359-362
The paper presents the needs of a reliable pension fund system as a consequence of the ageing of the population. The sustainability of the privately administrated pension funds is given by the administrators’ investment decision. The pension fund participants would aim for a low contribution...