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May 18, 2022

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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