Law on state social insurance budget amended

Chisinau, 20 October /MOLDPRES/- The decree on the promulgation and the law amending the State Social Insurance Budget Law were published in the Official Journal today.

The document stipulates that the revenues and expenditures of the state social insurance budget will be increased by 1089549.1 thousand lei and will amount to 27490068.2 thousand lei.

The increase of state social insurance budget expenditures was generated by several factors, such as: indexation, by 3.86%, of pensions and other social benefits, starting with October 1, the increase of the minimum pension up to 2000 lei, etc. The expenses necessary for the increase of the minimum pension up to 2000 lei constitute 512712.0 thousand lei. For approximately 308,406 beneficiaries, the pension will increase by an average of 380 lei. And the disability pension, for about 35,390 beneficiaries, will increase by 334 lei.

Also, the social allowance is increased for people who have a contribution period of less than 15 years and thus do not meet the conditions for obtaining the right to the state social insurance pension.

The new regulations also provide for the increase of benefits for supporting disadvantaged families, up to 1061 lei. Also, the number of beneficiaries who receive allowances, amounting to a maximum of 500 lei, offered for special merits compared to the state, has increased.

Source: monitorul.gov.md