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Pension

Romania’s pension reform raises fiscal risks, rating agencies warn

Romania has yet to present credible measures to offset the budget impact of planned pension hikes in the 2024 election year, Standard & Poor's...

New version of Romania’s recovery plan omits 9.4% of GDP for pensions

Negotiations on the revision of the Recovery and Resilience Plan have come to an end but the new version of the plan no longer...

Romanian pensions to rise twice in 2024 pending law approval, says PM

Romanian state pensions will rise twice in 2024, Prime Minister Marcel Ciolacu said on Thursday, beginning in January when they will be indexed by...

Romania to level retirement age for men and women with EU money

Romania will set the retirement age for men and women at the same level of 65 years from 2035, according to the pension laws...

Romanian parliament readopts special pensions reform after constitutional check

Romania’s Chamber of Deputies quickly passed the law on special pensions in line with the EU Commission’s request to unblock a third recovery fund...

Romanian parliament passes watered-down special pensions reform

Romanian lawmakers passed the special pension reform requested by the European Commission on Wednesday, though several last-minute changes diluted the law, according to Euractiv. The...

Romanian labour minister wants the retirement age raised to 65

Every person working in Romania will have to retire at age 65 at the latest, Romanian Labour Minister Marius Budai announced Monday following his...

French unions renew strikes to push Macron into pension U-turn

French unions are leading another round of strikes and protests against President Emmanuel Macron’s pension reform on Thursday, capitalizing on broad public support for...

Romania’s ruling coalition agrees to hike pensions by 12.5% from January

Romania's ruling coalition will hike state pensions by 12.5% from January and make cash payments to low-income pensioners throughout the year to help the...
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