The government approved in its Thursday meeting a draft law ratifying the Social Security Accord between Romania and the USA, pension rights being mutually ensured, the Ministry of Labor and Social Solidarity informed in a press release. “Pension rights of Romanian and American people who work in the other state will be granted according to the new rules included in the Social Security Accord between Romania and USA. The accord has in view people who are or were submitted to the laws of one or both states, as well as those whose rights come from them”, the press release mentions. For Romania, the document applies to laws which refer to pensions and death aid in the public pension system, and to laws which deal with contributions to social health insurances. According to the new accord, the time people worked both in Romania and the US will be considered, for the opening of the pension right with granting pension by each state, according to the insurance periods accomplished. “The document includes rules about the export of pensions, a very important advantage to facilitate the pensioners' mobility from the two states on the territory of the other state and maintaining their access to pension rights,” the source points out. The accord also includes decisions about establingin applicable laws in order to avoid a double contribution to social insurance or the risk of not benefitting from any social insurance covered by the Accord. The bill approved by the Executive includes provisions referring to detached workers. That is why the mutual exemption of those people from the payment of social health insurance contributions was included in the national system of the state where they are employed. The social security accord includes provisions referring to administrative and cooperation measures, including the communication language, payment currency, solving sifferences, the term of coming into force, and will be ratified by la by Romania's Parliament.
Romania won the gold medal in the first mixed 8+1 rowing event on Sunday, September 28, on the last day of the World Rowing Championships in Shanghai, China. The crew made up of Magdalena Rusu, Maria Lehaci, Andrada Moroșanu, Florin Lehaci, Florin Arteni, Ciprian Tudosă, Ștefan Berariu, Simona Radiș, and Victoria Petreanu had the best […]
The Reșița funicular system will be reconverted through a New European Bauhaus project and turned into a space for pedestrians and cyclists, with cultural, touristic, and urban mobility purposes. The cable railway system has been inactive for 30 years. Built at the beginning of the 1960s to transport limestone, the funicular will now be transformed […]
Bucharest hosts the ninth edition of Spotlight – International Light Art Festival, Romania’s largest urban light festival, between October 10 and 12, with over 20 installations from the country and across Europe. Themed “Symbiosis,” this year’s festival is curated by scenographer Adrian Damian, known for his multimedia stage designs and integration of new media art. […]
Romania’s blind football team, representing the municipality of Bucharest, won first place at the Central European Cities Cup, held in Prague from September 26 to 28. The national team won the trophy for the first time. To get first place, Romania defeated the teams from Lodz (Poland) 4–0, Ingolstadt (Germany) 6–0, and BSC Prague (Czechia) […]
Romanian ultramarathon runner Tibi Ușeriu will embark on a symbolic journey in October from Rome to Drobeta-Turnu Severin, retracing the historic route of the Roman legions as part of a campaign to promote Via Transilvanica, Romania’s long-distance cultural trail. Tibi joins his brother, Alin Ușeriu, who set off on June 12 to walk the entire […]
Cris-Tim, a well-known cold cuts producer in Romania currently operated by founders Radu and Cristina Timiș, announced its intention to launch an initial public offering (IPO) on the Bucharest Stock Exchange (BVB). The offering, aimed at retail investors in Romania and institutional ones outside the United States, will consist of a package of existing shares, as […]
