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Romania Public Sector Staff, Retirees To Get Slashed Wages, Pensions As Of Aug – Fin Min

Romania’s Finance Minister Sebastian Vladescu on Thursday said the 25% cut in public sector salaries and the 15% cut in pensions will be applied to salary and pension rights for July and people will receive reduced salaries and pensions as of August.
Romania Public Sector Staff, Retirees To Get Slashed Wages, Pensions As Of Aug - Fin Min
17 iun. 2010, 11:24, English

„Cuts will not be applied in June, but as of July, and people will receive reduced salaries and pensions as of August,” said Vladescu

The draft law regarding salary and pension cuts, for which the Government sought the lawmakers’ confidence vote, initially stipulated that cuts will be applied as of June.

The draft was subsequently amended and sets that cuts will be applied „upon the enforcement of the law.”