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

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.