Lazaroiu: 2012 Pension Indexation Depends On 3Q Results

09.06.2011 By Radu Bostan

Romanian Labor Minister Sebastian Lazaroiu said Tuesday that, although the Government has approved raising pensions according to inflation and 50% of the raise in gross wages in 2012, 2013 and 2014, this measure will not be implemented if data on budget collections in the third quarter "looks bad."

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Keywords:
LAZAROIU
, PENSIONS
, INDEXATION