
From April 1, pensions will increase by 15%, but indexation will affect only a part of pensions that does not exceed the average monthly salary in the country (11,700 lei).
The corresponding draft government decree was considered by the State Chancellery. The project provides for the indexation of pensions from April 2023 by 15%, in accordance with the growth of the state social insurance budget's own revenues. At the same time, indexation will be applied only to the part of the pension that does not exceed the size of the average monthly salary in the economy, projected for 2023 (11,700 lei). In particular, all old-age pensions will be indexed - pensions for long service, pensions for civil servants, pensions for customs officers, liquidators of the Chernobyl accident, pensions for military personnel and judges. Disability pensions and some social benefits will also be indexed. According to the draft, the size of the minimum retirement pension from April 1 will be 2620.62 lei, and the amount of the minimum disability pension will increase to 1310.31 lei - with an average disability, 1834.43 lei - with a pronounced disability and 1965.47 lei - severe disability. The costs of the April indexation of pensions and social payments are estimated at 3.05 billion lei. Given that when planning the state budget for 2023, an indexation coefficient of 14.1% was taken into account, and expenditures for these purposes were approved in the amount of 2.93 billion lei, about 134.7 million lei are not enough for indexation by 15% in the budget. They will be covered from the state social insurance budget's own revenues in 2023. The draft resolution is to be approved by the government.// 16.03.2023 — InfoMarket.