Factsheet for measure
RO-2022-27/2910
–
Updated
– measures in Romania
Financial aid for pensioners
Ajutor financiar pentru pensionarilor sistemului public de pensii, ai sistemului pensiilor militare de stat, precum și beneficiarilor de drepturi prevăzute de legi cu caracter special
Background information
The liberalization of energy prices starting with 1 January 2021, and the Ukraine war resulted in an unprecedented increase in the price of electricity, natural gas, which had an impact both on the increase in the prices of public utilities for population as well as on the increase in the prices of consumer goods. This has caused a decrease in the purchasing power of vulnerable people, with a significant impact on the living standards of the population.
Against this background, in June 2022 the Government has adopted an emergency ordinance (Government Emergency Ordinance 74/2022) providing for a financial aid paid once, in July, to the most vulnerable pensioners.
Content of measure
The GEO 74/2022 provides that a financial aid of RON 700 (€150) will be paid in July 2022 to all pensioners enrolled in the public pension system, but also to the beneficiaries of military pensions and special pensions whose income is lower than RON 2,000 (€400). In the calculation of the disposable income, the following monthly incomes are taken into consideration: income from public pensions paid in July 2022, income from special pensions and from the social indemnity paid to pensioners and income from wages. The special financial aid is paid only if the amount resulting from the above mentioned sources of income is lower than RON 2000 (€400).
The measure is part of the governmental program "Sprijin pentru Romania" (Support for Romania).
Updates
The following updates to this measure have been made after it came into effect.
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08 December 2022
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In December 2022, the Government has adopted the Emergency Ordinance 168/2022, which provides a financial aid paid to pensioners with an income lower than RON 3,000 (€600) as it follows:
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RON 1,000 (€200) for those whose income is lower or equal to RON 1,500 (€300).
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RON 800 (€160) for those whose income is comprised between RON 1,501 and RON 2,000 (€300 and 400).
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RON 600 (€120) to those whose income is comprised between RON 2,001 and 3,000 (€400 and 600).
The financial aid is paid in two tranches, in January 2023 and October 2023.
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Use of measure
Approximatively 3.3 million pensioners will benefit from the measure, according to the Ministry of Labour and Social Solidarity. This represents about 65% of the total number of retired people in Romania (5.24 million in the second quarter of 2022, according to the National Institute of Statistics). According to the same source, the average pension in the second quarter of 2022 was RON 1,772 (€355).
Target groups
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Workers
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Businesses
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Citizens
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Does not apply to workers
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Does not apply to businesses
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Pensioners
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Actors and funding
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Actors
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Funding
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National government
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National funds
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Social partners
Social partners' role in
designing the measure
and form of involvement:
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Trade unions
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Employers' organisations
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Role
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Unknown
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Unknown
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Form
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Not applicable
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Not applicable
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Social partners' role in the
implementation, monitoring and assessment phase:
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Unknown
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Main level of involvement: N/A
Involvement
No public information is available on the involvement of social partners in the designing, implementing and monitoring of the measure.
Views and reactions
No public reaction or view was expressed by the social partners in regard to this measure.
Sources
