Complementary and Private Pensions throughout the World 2008
This comprehensive and in-depth reference work provides detailed information on the regulation and supervision of voluntary and mandatory occupational pension plans as well as mandatory private pension schemes in 58 countries worldwide. Designed to be complementary to Social Security Programs throughout the World, each country profile contains information on the regulatory framework, the institutional framework, coverage, financing/investment, benefit provisions, benefit adjustment, disability, protection of rights, and regulatory and supervisory authorities.
Complementary and Private Pensions Throughout the World 2008 is the product of the cooperative efforts of three key international bodies in the area of pensions: the International Social Security Association (ISSA), the International Organisation of Pension Supervisors (IOPS) and the Organisation for Economic Co-operation and Development (OECD).
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EUROPE - Mandatory (Information valid at 01-01-2006): Romania
2004: Act No. 411 on Privately Administered Pension Funds (amended in 2005 and 2007); regulates the establishment, organisation and functioning of the privately administered pension fund system and the organization and functioning of private pension fund administrators; also coordinates the activities of other entities operating in this field.
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