Parliament on December 7 adopted the draft state social insurance budget law for next year in the first reading. Under the draft law, the state social insurance budget revenues in 2018 will total 19.312 billion lei, an increase of 1.798 billion lei compared with this year. 65% of the revenues will be the general resources of the state social insurance budget, while 35% will be transfers from the state budget, IPN reports.
Boris Gilca, secretary general of state at the Ministry of Health, Labor and Social Protection, said the 2018 state social insurance budget provides for a total expenditure of 19.312 billion lei, up 1.798 billion lei compared with the spending projected for this year. The money will go to finance state social insurance budget subprograms in accordance with the sector policy priorities.
Thus, the costs for the family and child protection subprogram were raised by 44% on this year, for the protection of the elderly by about 14%, while for the protection of persons with disabilities by about 12% etc.
The state social insurance contribution remained at the level of 29%, of which 23% is paid by employers and 6% by employees. The contribution to the remuneration fund intended for persons employed based on an individual work contract in agriculture was kept at 22%, 6% of which will be subsidized from the state budget.
The current mechanism of indexing the annual fixed tax depending on the rise in the average official salary for the previous year for individual entrepreneurs, lawyers, notaries, bailiffs and other persons who work on their own and for entrepreneur’s patent holders will be kept and the tax will be of 8,424 lei. The same sum will be paid by private individuals for voluntary insurance, based on an individual contract signed with the National House of Social Insurance. The fixed insurance tax for farmland owners or lessees who cultivate the land individually will be 2,148 lei.
The draft law is to be passed in the final reading.
