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August 8, 2022

LabMin Budai wants elimination of the share of NRRP for pensions to solve inequities

Labour Minister Marius Budai said in northeastern Iasi on Sunday that he would propose to eliminate the share of the National Recovery and Resilience Plan (NRRP)  for pensions.

In a press conference, he argued that “in any EU pension law” it is not written that it must be classified up to a certain share.

According to the Minister of Labour, the European average on the share of pensions in GDP is between 12.5% and 13%, and Romania wants to solve the inequities.

“We, in Law no. 127 (on the public pensions’ system, ed. n.), when we promoted it in Parliament, had a share of 11.7%, being aware that Romania’s economic power cannot take us even to the EU average, but we must also aim at. I’m going to totally eliminate the share. It doesn’t write anywhere, in any EU pension law, and I’ve really been interested, it doesn’t say that we fit in that way. It doesn’t. I will propose to eliminate the share. The representatives of the European Commission agreed, and especially the World Bank agreed and told the European Commission that each member state should have the independence to decide its social and economic policies. Of course, respecting the treaty regulations because we are a member state of the European Union and we are a supporter of the European project. I am a convinced pro-European and that is why I say that through its preoccupations a state must have the independence to decide its policies,” Marius Budai said.

He stressed the need for wider renegotiation of the NRRP.

“I do not understand why in NRRP we do not have a single euro for water management in Romania, for irrigation. We need to discuss this. I do not understand why in NRRP we must be condemned to poverty. And this issue needs to be discussed and will certainly be discussed. I tell you honestly: I was not afraid even when a certain prime minister asked for my resignation. I will not be afraid from now on and I will not give up,” Budai concluded, according to Agerpres.

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