A NEW TYPE OF PENSION IN ROMANIA – OCCUPATIONAL PENSION
A NEW TYPE OF PENSION IN ROMANIA – OCCUPATIONAL PENSION

Summary/Abstract: In addition to the types of pensions granted within the pension systems inRomania was promulgated a normative act regarding occupational pensions, respectively anamount paid periodically to the participant, in addition and distinct from the one provided bythe public system. The right to an occupational pension is opened at the request of theparticipant, under the conditions provided by the scheme and prospectus and in accordancewith the legislation on the payment of private pensions. A number of responsibilities are alsoset for employers.

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