The deputies adopted, yesterday, with no dissentient voice, the Law on pensions proposed by PSD (Social Democrat Party). This law establishes an increase in the pension point to 37.5% starting 1 January 2008, and to 45% starting 1 January 2009. Moreover, the regulation stipulates the doubling of the farmers' pensions and an increase by 5% of the State pensions starting 1 September. The governmental officials contradicted each other about the opportunity to adopt this law. In spite of the fact that the minister of Labour, Paul Pacuraru assured that there were enough financial sources for increasing the pensions, the State secretary in the Ministry of Economy and Finances, Sebastian Vladescu warned that the increase of the pension point constitutes a danger for the macroeconomic stability. Right after the vote, the Liberals and the Social Democrats claimed for the success of having passed the bill.
Two billion Euro effort for the State budget
"The budget will feel the effects of such an abrupt increase, as it is somewhere over two billion Euro, that is approximately 2% of the GDP; it will be a long term effort, and the amounts will eventually be taken from the investment envelope", said Vladescu, quoted by Mediafax. He pointed out that he disagreed with such a great pressure on the pension envelope, provided that the system was already unbalanced, if we take into account the fact that the number of beneficiaries goes high above that of the contributors - the working people. On the other side, Vladescu explained that an increase of such proportions of the pensions would generate very important requests from the workers, who won't accept any longer increases of wages on account of the economic performance and the inflation rate.
Raluca Papadopol
Ziua Vineri 29 Iunie 2007 http://www.ziua.net/english
.jpg)
No comments:
Post a Comment