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185 new news items in the last 24 hours
20 August 06:05

The private pension bill has sparked controversy, with accusations of double taxation and limits on withdrawals.

Adrian Rusu
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Current Affairs
Foto: pixabay.com/ro
The draft law regulating the payment of private pensions has sparked dissatisfaction, in particular by eliminating the possibility of withdrawing funds in full at retirement. More than 8 million Romanians could be affected, with the right to withdraw only 25% of the amount, the rest being paid monthly. Trade unions and employers accuse the doubling of taxation, especially on Pillar III, and are calling for clarification. The government has postponed approval of the law for a wider debate, while the authorities stress that the law is a condition for Romania's accession to the OECD.

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sursa imagine
Hot News
Schimbările la plata pensiilor private: Sindicatele și patronatele, front comun împotriva dublei impozitări: „Ni se pare absurd” / Ce spun autoritățile
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Gandul
Pensiile private: Sindicatele și patronatele fac front comun împotriva dublei impozitări

ȘTIRI PE ACELEAȘI SUBIECTE

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Politics
AUR will file a complaint with the Constitutional Court against the private pension law, adopted by the Chamber of Deputies, accusing the Government of "stealing" the savings of Romanians.
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Current Affairs
USR Deputy Claudiu Năsui accuses the governing coalition of fraud, after Parliament rejected his proposals for Romanians' access to funds from Pillar II and III of pensions.
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Current Affairs
The trade unions in Romania announce a protest on October 29, demanding measures against austerity and the protection of workers' rights.
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Current Affairs
The Chamber of Deputies adopts amendments regarding the withdrawal of private pensions
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Economy
The employers' associations are asking the Government to increase the minimum wage, warning that a rise could lead to layoffs and increased prices.
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Private pensions double taxation union patronate

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Prime Minister Ilie Bolojan will resume the reform of judges' pensions following the reasoning of the Constitutional Court, emphasizing the need to correct the system to ensure financial sustainability.

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