Pensions in Romania
Pensions in Romania come in several varieties.[1]
In
To receive an old-age pension, a person must have reached the standard retirement age and must have contributed to the public pension system for a certain minimum period. As of 1 January 2019, the standard retirement age for women is 61 years and will increase gradually to 63 years by January 2030. The standard retirement age for men is 65 years. The minimum contribution period is 15 years for both women and men. The full contribution period for women is 31 years and will increase gradually to 35 years by January 2030. The full contribution period for men is 35 years.[2]
In the public pension system, the amount of old-age pension is calculated on the basis of the contribution period achieved along with the applicant's
References
- ^ "Pensions and other social security rights". EURAXESS Romania. 2016-11-14. Retrieved 2021-10-18.
- ^ a b c "Romania - Old-age pensions". European Commission. 2019. Retrieved 2019-10-12. Material was copied from this source, which is available under a Creative Commons Attribution 4.0 International License.