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.
More than a dozen individuals, among which bar administrators, bartenders, waiters, and hostesses, have been brought to trial by prosecutors on charges of intoxicating foreign tourists who visited two establishments in the Bucharest Old Town, after which they robbed them or emptied their bank accounts. In total, 16 individuals and two companies have been charged […]
Romanian Major General Florin Barbu is set to take command of the EU’s EUFOR ALTHEA mission in Bosnia and Herzegovina (BiH). As a result, Romania will hold the command of two of the nine military operations and missions conducted under the Common Security and Defence Policy to which it contributes personnel. Aside from holding command […]
The National Chamber Choir "Madrigal – Marin Constantin" will mark Romania's National Culture Day with an extraordinary concert titled MADRIGAL – DESPRE CULTURĂ on Tuesday, January 14, in the Aula Magna of the Patriarchate Palace in Bucharest. Under the baton of conductor Anna Ungureanu, the event will celebrate the richness of Romanian cultural heritage, spanning […]
The top players in tennis will participate in Transylvania Open WTA 250, a tournament that will take place between February 1 and 9, 2025, at BT Arena in Cluj-Napoca, Romania. The list begins with Anastasia Potapova, ranked 35th in the WTA rankings. In 2023, she claimed her second WTA title by winning the Linz tournament, […]
Romania has remained one of the most affordable property markets in Central and Eastern Europe (CEE), with housing prices growing slower than income levels. This trend is in contrast to neighboring countries like Poland, the Czech Republic, and Hungary, which saw significant increases in both property prices and rents, according to Colliers' latest analysis. In […]
Mihai Spulber (picture, right), currently SVP operations and supply chain at Mega Image, will assume the role of brand president at Profi effective July 1, 2025, replacing current CEO Gaetan Pacton. The change at the top comes after Ahold Delhaize, the company behind Mega Image, completed the acquisition of Profi in Romania, welcoming the brand […]
