The first pillar in reforming the retirement pension scheme would be the
establishing of a floor level in a national level, which is now
missing.
One of the main points that will be part of the reform and strategy are the difference of retirement pensions in villages and cities, which will be replaced by a national one.
Those who are 35 year old today, will receive a social pension payment when they reach 65, which will be available for those who have paid fewer insurance, those who haven’t paid at all or those who do not fulfill any of the criteria. In a short-term period, there’s no plan for increasing the retirement age.
Reforms
“One of our propositions will be establishing a floor payment of social retirement pension, which will be given to all. The rest will receive a pension based on the contributions”, explained the Minister of Social Welfare and youth.
He says that these are simply propositions and they will wait until the strategy will be clear, with the pillars on which the reform will be based. According to the Minister, this is a reform that will affect the young generations of today, not those who will retire in the next years.
Removing the ceiling payment and the liberalization of the contribution is another option that is being discussed. If today there is a ceiling for pensions, with people that cannot receive more than 280.000 each month, the new scheme will have a maximal pension that will depend on what has been given as contribution during the entire time of work. On the other hand, chances are that there will not be an increase of the pension age and it will not be made equal between men and women.
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