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Letter: Take should seize opportunity to address unfunded pension deficit

PM Citu: Reforms under PNRR not required by the European Commission, but pledged in gov t agenda

PM Citu: No more ad-hoc pension raises; a new state pension law expected in Q1 2023

Sursa foto: Inquam Photos / Octav Ganea Prime Minister Florin Citu said on Thursday that there will be no more ad-hoc increases in state pensions, but the objective of increasing small pensions does not equate to a freezing of medium or large ones. Asked at a news briefing at the Government House whether the average and high pensions would be frozen or cut back based on the reforms provided under Romania s National Recovery and Resilience Plan (PNRR), the prime minister said no. No. There are some principles there and I think the correct wording is spending will remain at a similar level for the year. So it doesn t say they will be frozen. The word is similar. At the same time, we say it s a priority to raise small pensions; it doesn t mean that the others will not increase. And another thing we are saying is that, yes - and I can guarantee you that it will not happen - we will not have ad hoc pension increases. We will no longer allow someone coming up and say, This year we

PM Citu: New law on public pension system to be approved in Government, Parliament in 2022 to take effect in 2023

Sursa foto: Inquam Photos/ Octav Ganea The draft law on the public pension system is to be approved by the Government in the second quarter of next year, in the Parliament - in the fourth quarter of 2022 and will enter into force in the first quarter of 2023, Prime Minister Florin Citu said on Thursday. Let me give you the timetable: the approval in the Government of the draft law on the public pension system - in the second quarter of 2022, so here is the milestone, the adoption in Parliament of the new Law on the pension system - in the fourth quarter of 2022. The new law on the pension system will come into force in the first quarter of 2023. So these are the targets we will stick to, and now we are entering the debate on the bill. You will see publicly that the procedure by which we will have these laws will be transparent, Florin Citu told a press conference at Victoria Palace, at the end of the Executive s meeting.

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