The so-called executive of Transnistria approved a bill providing that the foreign citizens who move to love in the region will retire at the age set in the state from where they come, IPN reports, quoting the Transnistrian press.

Transnistrian social protection minister Elena Kulichenko argued that an increasing number of foreigners settle in Transnistria when they approach retirement because the retirement age in the region is lower – 55 years for women and 60 years for men. In such conditions, persons who didn’t work in the region and didn’t contribute to the local pension fund apply for old-age pensions there.

The bill stipulates that the foreigners who move to live in the region will retire at the age that is set in the state from where these emigrate. Thus, if the retirement age in their country of origin is 62, for example, these will start to receive pension at the age of 62. Another provision says that to benefit from pension, the person must have lived and worked in the region for at least three years.

The social insurance fund of Transnistria is facing a very big deficit. This year the deficit is expected to exceed 930 million rubles (over 1.7 billion lei).