Moldova top sportsmen to receive monthly allowances

Moldovan sportsmen, Olympic or European medallists will be granted lifelong monthly allowances. Parliament passed a bill in this respect on Thursday, February 8. The allowances will be granted starting January 1 of the following year the sportsman retires. Depending on the achievements, the lifelong allowance shall not exceed two average wages. For the first golden Olympic medal, the allowance will constitute 2 average wages. For the first silver Olympic medal, or first golden medal won at the world championships – 80%. For the first bronze Olympic medal or for the first silver medal obtained at the European championships the sportsmen will receive 70%. For the first bronze medal won at the world championships, or silver medal obtained at the European championships, the sportsmen will receive 60% of the 2 average wages. 50% will be offered to the sportsmen for the first bronze medal won at the European championships. Extra 30% for inferior achievements will be offered to the sportsmen that will have several champion titles. The allowance is paid every month and is not taxable. If the sportsmen resume their professional activity, the payment of the allowance shall be suspended. Allowances will be granted to the sportsmen who obtained medals starting 1975.