Traian Basescu promulgates pensions’ increase law

President Traian Basescu on Tuesday promulgated the Law that approves the executive decree which increases the pensions. The Chamber of Deputies, as a decision making institution, adopted in the extraordinary session of January 29, with 307 votes to 2, 3 abstentions, the emergency ordinance 1/2013 on modifying the Law of the blanket system of public pensions, which sets the pension point in 2013 to RON 762.1. OUG 1/2013 increases the pension point by 100 pc of the average rate of inflation, plus 50 pc of the real increase of the gross average salary that was received.

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