The paper tries to forecast some of the issues of the pension funds and sustainability considering a scenario of constant age specific fertility and mortality in Romania for the next 50 years. Considering the issues that population ageing brings, we show that if nothing happens in Romania with...

During the last decades we have experienced serious demographic changes observed in the decrease in both fertility and mortality and that led to the ageing of population. Despite the decrease in mortality is a good thing, the ageing make the current social security models ineffective on long...