The Ministry of Labor, Social Protection and Family aims to continue standardizing the retirement procedure. Those who are entitled to pension cannot be deprived of it, but the state can intervene to make sure that there is social equity in the future. One of the measures in this respect is to do the parametric reform as regards the calculation of the pension, Minister of Labor, Social Protection and Family Ruxanda Glavan said in an interview for Radio Free Europe, quoted by IPN.
“When retiring, the person is being calculated the pension based on the salary received in 2000. We consider this is not right and already drafted a bill to update the calculation formula so that the incomes are indexed to the salaries. The people will then feel the equity in the state’s attitude to them. The second measure is to reduce the cost of a year of service,” stated the minister.
Currently, the minimum pension is 798 lei, while the highest pension is 32,000 lei. “The average official pension in 2014 was 1,117 lei. It is yet lower than the minion subsistence level for pensions. The 2015 draft state social insurance budget law provides that the bonus to the pension will be maintained. Thus, all the pensioners whose pension is lower than 1,500 lei will continue to receive those 100, 120 or 180 lei in assistance. The most important thing is that we will start to use a new method for distributing this bonus so that the pensioners who receive the pension from the post office take the bonus simultaneously with it. They will thus not need to wait for the representative of the financial institution or to go to this institution,” stated Ruxanda Glavan.
The minister also spoke about the recommendations of foreign experts to increase the retirement age for women up to the retirement age for men. No step was yet planned in this respect for two reasons. First, life expectancy for women in Moldova is by seven years lower than in Europe. Second, such a measure would allow annually saving 45 million lei in the state social insurance budget. This is irrelevant at a time when the budget deficit is 1.2 billion lei.
