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Romania's Govt. announces 12.1% hike in pensions as of January

November 21, 2024

Pensions in Romania will increase with the hike in the reference point value (VPR), rising by 12.1%  from RON 81 currently to RON 91 after January 1, 2025, the Ministry of Labor announced on November 20 on its Facebook page.

"The 12.1% increase in the VPR is above the inflation rate.  The new Pension Law is a firm guarantee that every pensioner will benefit from a sustainable increase in income," said the minister of labor and social solidarity, Simona Bucura Oprescu, according...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/romania-hike-pensions-january-2024
Read in full - click here
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