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March 2, 2021

President promulgates Pensions’ Law

The president Traian Basescu promulgated, on Wednesday, the unified public pensions’ law, declared constitutional, according to a release by the presidency. A couple of hours earlier, on the same day, the Constitutional Court declared the pensions’ law, adopted by the Chamber after allowing the president’s petition for its re-examination, was constitutional. The Constitutional Court rejected the National Liberal Party (PNL)’s notification on the pensions’ law, finding that the said law is in keeping with the provisions of the fundamental law. The pensions’ law, re-examined at the head of state’s request, which set the standard retirement age at 63 for women and 65 for men, was adopted on December 7, by the Chamber of Deputies’ assembly. The law was adopted, by roll call, with 172 votes “in favour”. The only article which differs from the version initially adopted is the one referring to the retirement age. The controversy on the pensions’ law started in September, when the Chamber of Deputies adopted the bill in the absence of the opposition. The Social Democratic Party (PSD) and PNL accused the Speaker of the Chamber, Roberta Anastase, of committing fraud in the pensions’ law vote.

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