Avantajele și dezavantajele implementării în Republica Moldova a sistemului de pensii multipilon [Articol]

Abstract

The pension system in the Republic of Moldova operates under the scheme of the solidarity pension system. The pension system has a considerable role in ensuring a decent living for the population. The reform of the current pension system involves the implementation of a cumulative pension system where social security contributions are invested instead of being immediately spent for the payment of benefits to current pensioners. The effective implementation of the voluntary pension system in the Republic of Moldova would, according to experts, bring a number of important benefits to the entire national economy. At the same time, within the private pension system, social contributions are invested using financial markets, which thus obtain a significant impetus as a result of the pension system reform, and the development of the financial market is positively associated with economic growth.