Moldovan Parliament has passed in the first reading the draft Law on the State Social Insurance Budget for 2025
According to the draft law, its revenues and expenditures in 2025 will amount to 46 billion 513.7 million lei, which is 8.7% more than the initially approved figures for 2024, as well as 8.3% more than the figures specified later. The draft law on the state social insurance budget for 2025 envisages an increase in pensions, allowances and social payments for many categories of the population. In particular, pensions and other social payments are planned to be indexed by 6.1% on April 1, 2025. At the same time, from May 1, 2025, it is planned to increase the minimum retirement pension up to 3300 lei for people with at least 40 years of work experience. For people with disabilities, the minimum pension will increase to 2258 lei. The draft state social insurance budget for next year also provides for an increase in social payments to families with children. Thus, the lump-sum allowance at the birth of a child will rise to 21,350 lei. Over 72,000 children under the age of 2 will receive a monthly allowance of 1,000 lei, regardless of whether the parents are insured or not. Also, insured parents will receive a monthly allowance for raising a child up to 3 years old, the amount of which will be determined based on the salary of the parent with higher income. As of January 1, 2025, the monthly allowance for the rehabilitated victims of political repressions from 1917-1990 will be increased by 250 lei. The monthly allowance for war veterans will increase up to 1610 lei. Another provision is aimed at including the period of partially paid parental leave in the special labor record for contract servicemen, as well as at providing energy compensation in the form of a monetary payment within a new compensation mechanism. According to the document, the main expenditures of the state social insurance budget for 2025 will be distributed among 10 subprograms in the field of social protection, administered by the National Social Insurance Company. The largest share of the expenses is for old-age pensions, amounting to 30.7 billion lei, 6.7% more than last year. // 06.12.2024 - InfoMarket
