special pensions

The Chamber of Deputies has adopted the draft law for special pensions elimination

Special pensions for several categories are to be eliminated, after the Chamber of Deputies adopted a draft law on Tuesday in this regard. The categories include parliamentarians, magistrates and civil servants with special status, except the military and police personnel.

Government Plans Income Tax of Up To 50% on Special Pensions

The Romanian government is working on a draft to apply an income tax rate of 10% to 50% on special pensions, official sources told Mediafax.

Senate Tacitly Adopts Law Abolishing Special Pensions For Dignitaries

Romania’s Senate tacitly passed on Wednesday a bill which eliminates special pensions for all MPs, the ombudsman, diplomats and court auxiliary specialized personnel, among others.

Romania’s Govt To Recalculate Special Pensions By September, Military Pensions By Yearend

Romanian special pensions will be recalculated by September and will be reduced afterwards, while military pensions will be recalculated by the end of the year, Romanian Prime Minister Emil Boc said Wednesday.

Special Pensions In Romania Capped To Pension Point, Military Pensions Cut 15% – Draft

The Romanian Government is revising the calculation method of special pensions to cap them, as of June 1, to a level calculated strictly in ratio with the pension point, an indicator used by authorities to calculate pensions, whereas military pensions will be cut by 15%.

Special Pensions In Romania To Be Drastically Slashed As Of June 1 – Draft Decree

Special pensions in Romania will be drastically cut as of June 1, based on a lower pension point and the application of a 90% quota, as "solidarity tax," to the sum left after deducting social contributions and the income tax, according to a draft emergency decree regarding public spending cuts.

About 10% Of Romania’s Special Pensions To See Avg Reduction Of EUR1,500 – Labor Min

About 10% of special pensions in Romania could be reduced by an average EUR1,500 following recalculation under the new pension law, but reduction could be by as much as 80%, Labor Minister Mihai Seitan said Thursday, adding magistrates, aviators and diplomats would be the most affected.

Romania Mulls Recalculating Special Pensions – Official

Some 200,000 Romanians who collect special pensions will see their pensions recalculated once the new law in the field is enforced, Mihai Seitan, adviser to Prime Minister Emil Boc said Tuesday.

Romanian Conservative Leader Denounces Special Pensions

Founding chairman of Romania’s Conservative Party, Dan Voiculescu, on Sunday urged the ombudsman to notify the Constitutional Court on special pensions paid to retirees and the law acts that provision them.