RRI Live!

Listen to Radio Romania International Live

Higher pensions in Romania

As of January 1, pensions in Romania will be increased by 12.5%.

Higher pensions in Romania
Higher pensions in Romania

, 22.11.2022, 14:00

The parties in the governing coalition in Romania have had long and difficult negotiations on the topic of the percentage by which pensions should be increased, a percentage practically dissolved, in the last year, by a galloping inflation rate, which exceeded 15%. The Social Democratic Party – PSD, number one in the governing coalition, would have pleaded for a differentiated increase, which was to mainly benefit people with small and medium pensions, that actually represent the majority. For their part, the Liberals (PNL) have constantly pleaded in favor of a flat percentage, which would eliminate the possibility of attacking the decision on grounds of discrimination.



Finally, PSD, PNL and the Democratic Union of Ethnic Hungarians in Romania – UDMR announced, on Monday evening, that contributory pensions will increase by 12.5% ​​from January 1. The percentage is valid for all pensioners, regardless of the amount of their pension, but those with low incomes will, in addition, receive an aid from the state, which will be granted next year, in two installments. From January 1 next year, the pension point will be 1,784 lei, a little over 360 Euros. Senior citizens with pensions under 3,000 lei will benefit from additional aid, differentiated according to the amount of the pension. Also, people who have pensions lower than 1,700 lei will receive special vouchers of 250 lei next year, once every two months, throughout the year. The government will also grant support of 1,400 lei for the payment of energy bills, for retirees over 60 who have pensions of less than 2,000 lei.



State child benefits will be linked with the rate of inflation, disabled people will receive a 13th allowance, and veterans and war widows will have their allowances linked with the rate of inflation. The period we are going through is marked by multiple crises worldwide, and we must mitigate the effects generated by high inflation. That’s why the Liberals firmly opposed increases of less than 15% and obtained in negotiations total increases that exceed 15.8%, the Prime Minister Nicolae Ciucă explained. According to the Social-Democratic leader, Marcel Ciolacu, the PSD thought that each category should be helped differently, and that the support from the state should go to a higher extent to those who feel the full effects of the economic crisis.



Today, 91% of pensioners across Romania have pensions below 3,000 lei and it is our moral duty to index-link their incomes or, when we have the opportunity, to increase their incomes even more, said the deputy prime minister and leader of the UDMR, Kelemen Hunor. From the opposition, the USR leader, Cătălin Drulă, claims that the 12.5% ​​increase in pensions does not even cover the 15% inflation rate. On the other hand, Drulă accuses that neither PSD nor PNL want to eliminate the special pensions of the parliamentarians, and from January 1, the mayors will receive additional special pensions. The reform of special non-contributory pensions which are several times higher than the ordinary pensions, is assumed under the National Recovery and Resilience Plan but it has not been implemented yet. (LS)

Photo: facebook.com/enescu.festival/
Today in the News Tuesday, 21 January 2025

Preparations for the 2025 George Enescu Festival

The International Classical Music Festival George Enescu is this year expected to be a genuine reference point for the classical music. The 2025...

Preparations for the 2025 George Enescu Festival
Photo: Agerpres / EPA
Today in the News Monday, 20 January 2025

Reactions as three Gaza hostages freed

  Three Israeli hostages were released on Sunday by the Palestinian Islamist movement Hamas, more than 15 months after they were kidnapped in a...

Reactions as three Gaza hostages freed
Photo: Mediamodifier / pixabay.com
Today in the News Monday, 20 January 2025

World Bank revises downward Romania’s outlook

Romania’s economic growth rate will slow down in 2025, according to the World Bank.   The Romanian economy will register an advance of only...

World Bank revises downward Romania’s outlook
A polling Station in Romania
Today in the News Friday, 17 January 2025

New rules for the election campaign

It is now official: the Romanian government has established, by emergency ordinance, that the presidential election will take place on May 4th and...

New rules for the election campaign
Today in the News Friday, 17 January 2025

The respiratory virus season

The number of respiratory virus cases, in certain Romanian regions, has tripled from one week to the next.   The number of patients diagnosed...

The respiratory virus season
Today in the News Thursday, 16 January 2025

No new taxes in the 2025 Budget

Delayed due to the formation of the government, the approval of the budget for 2025 is the number one priority. It’s not just any budget, but one...

No new taxes in the 2025 Budget
Today in the News Thursday, 16 January 2025

National Bank of Romania maintains reference interest rate

The National Bank is maintaining its cautious attitude and will keep its monetary policy interest rate unchanged at 6.5% a year, in the context of...

National Bank of Romania maintains reference interest rate
Today in the News Wednesday, 15 January 2025

National Culture Day 2025

Since 2011, Romania has celebrated, every year, the National Culture Day, which marks the date of birth of the national poet Mihai Eminescu. This day...

National Culture Day 2025

Partners

Muzeul Național al Țăranului Român Muzeul Național al Țăranului Român
Liga Studentilor Romani din Strainatate - LSRS Liga Studentilor Romani din Strainatate - LSRS
Modernism | The Leading Romanian Art Magazine Online Modernism | The Leading Romanian Art Magazine Online
Institului European din România Institului European din România
Institutul Francez din România – Bucureşti Institutul Francez din România – Bucureşti
Muzeul Național de Artă al României Muzeul Național de Artă al României
Le petit Journal Le petit Journal
Radio Prague International Radio Prague International
Muzeul Național de Istorie a României Muzeul Național de Istorie a României
ARCUB ARCUB
Radio Canada International Radio Canada International
Muzeul Național al Satului „Dimitrie Gusti” Muzeul Național al Satului „Dimitrie Gusti”
SWI swissinfo.ch SWI swissinfo.ch
UBB Radio ONLINE UBB Radio ONLINE
Strona główna - English Section - polskieradio.pl Strona główna - English Section - polskieradio.pl
creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti
italradio italradio
Institutul Confucius Institutul Confucius
BUCPRESS - știri din Cernăuți BUCPRESS - știri din Cernăuți

Affiliates

Euranet Plus Euranet Plus
AIB | the trade association for international broadcasters AIB | the trade association for international broadcasters
Digital Radio Mondiale Digital Radio Mondiale
News and current affairs from Germany and around the world News and current affairs from Germany and around the world
Comunità radiotelevisiva italofona Comunità radiotelevisiva italofona

Providers

RADIOCOM RADIOCOM
Zeno Media - The Everything Audio Company Zeno Media - The Everything Audio Company