Romanian Government on pension system and retirement age reforms - EXCLUSIVE

Romanian Government on pension system and retirement age reforms - EXCLUSIVE

Romania

The Government of Romania has provided detailed information regarding recent statements by Prime Minister Ilie Bolojan on planned pension system reforms and retirement age adjustments.

In an exclusive interview with CE Report, the Communication and Media Relations Directorate emphasized that, at present, the Government is not considering an increase in the standard retirement age. The retirement age remains 65 years for men, while for women, it will be gradually aligned to the same age by January 2035.

“Prime Minister Ilie Bolojan’s recent statement regarding changes to the retirement age refers only to professional categories with special status, who currently benefit from early retirement compared to the standard threshold. Magistrates fall under this category,” the statement reads.

The Government has recently assumed responsibility in Parliament for the draft law concerning the reform of magistrates' pensions, a professional group with a special legal status.

"According to the proposed measures, the retirement age for magistrates will gradually increase to the standard retirement age of 65 years over a 10-year transition period. At the same time, the required length of service for retirement will rise from 25 to 35 years, aligning with the general requirements for other Romanian citizens," the Government noted.

The draft law is currently under review by the Constitutional Court.

"If the Court confirms its constitutionality, the new provisions will come into effect. This initiative is part of the Government’s policy to eliminate injustices and social inequities," the Romanian authorities pointed out

In addition, during its initial weeks in office, the Romanian Government has introduced measures to reduce public spending, improve the collection of budget revenues, and phase investments to support long-term economic development.

"The Government's priorities remain reducing the budget deficit and maintaining investments at a level that ensures sustainable economic growth. Available resources will be directed toward investments, efforts to attract European funds will continue, and government policies will prioritize sectors capable of generating added value and balancing trade deficits," the Directorate concluded.

Photo: Facebook

This interview was prepared by Abdul Karimkhanov

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