The Voluntary Contributions Model–Study Regarding The Completion Of The Length Of Service
By Constantin Anghelache & Ana CARP
In this article we present the study on “Buying years of service (seniority)” which is a particular case of the voluntary contributions model proposed by the author in a previous work. In the case study presented in this article, we show the groups of people addressed by Law no.186 / 2016 for “buying years of service”, we quantify the results of applying this legislative measure and we estimate the implications on the evolution of pensions and on the price of the contributions’ refunding for the categories of people with incomplete length of service.
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