BUCURENCIU, Monica - In: Revista romaneasca pentru educatie multidimensionala - … 1 (2009) August, pp. 21-50
Although both Romania and Hungary have inherited pay-as-you-go defined benefit (PAYG-DB) pensions systems, they have both moved towards a three-pillar pensions system, in which PAYG-DB becomes just one of three pillars together with the mandatory and the voluntary private pension funds. Trade...