{"id":6589,"date":"2021-03-10T16:39:34","date_gmt":"2021-03-10T14:39:34","guid":{"rendered":"https:\/\/www.zdg.md\/en\/?p=6589"},"modified":"2021-03-10T16:42:06","modified_gmt":"2021-03-10T14:42:06","slug":"pension-indexation-twice-a-year","status":"publish","type":"post","link":"https:\/\/www.zdg.md\/en\/pension-indexation-twice-a-year\/","title":{"rendered":"Returning to Pension Indexation Once a Year"},"content":{"rendered":"\n<div class=\"wp-block-advanced-gutenberg-blocks-intro\"><p class=\"wp-block-advanced-gutenberg-blocks-intro__content\">President Maia Sandu submitted to the Parliament the proposal to return to the indexation of pensions once a year based on the inflation of the previous year.<\/p><\/div>\n\n\n\n<p>Maia Sandu claims that, after the 1% indexation in October 2020, this year in April, pensions would not be indexed at all.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;The transition to the indexation of pensions twice a year, promoted with much pomp by the Socialists in February 2020, continues to hit retirees. After the shameful 1% indexation in October 2020, pensions would not be indexed at all in April this year. This mistake needs to be corrected urgently. We have submitted to Parliament the proposal to return to the indexation of pensions once a year based on the previous year&#8217;s inflation. Adopting this change would mean an indexation in April of 3.7%, equivalent to the price increase in 2020. There is money for this indexation,&#8221; said Maia Sandu in a post on Facebook.<\/p><\/blockquote>\n\n\n\n<p>At the same time, the President claims that the 20 million euros needed to finance this measure can be covered from the account of the Financing Agreement between Moldova and the European Commission, signed on February 22, amounting to 15 million euros and from the account review of current expenditure on goods and services.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;I call on all forces in Parliament to put politics aside and support this initiative. At the same time, I emphasize that the experiments of irresponsible politicians on behalf of pensioners are inadmissible. The increase of pensions must be done by increasing the minimum pension, by speeding up the recalculation of the pensions of those who worked after retirement age and by other instruments intended specifically for this purpose&#8221;, the president concluded.<\/p><\/blockquote>\n\n\n\n<p>On March 1, 2021, the Dignity and Truth Party drafted a law aimed at indexing pensions. Specifically, it developed a concept to amend the public pension system so that the Government can index pensions even if official inflation is below 2%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maia Sandu claims that, after the 1% indexation in October 2020, this year in April, pensions would not be indexed at all. &#8220;The transition to the indexation of pensions twice a year, promoted with much pomp by the Socialists in February 2020, continues to hit retirees. After the shameful 1% indexation in October 2020, pensions&#8230;<\/p>\n","protected":false},"author":9,"featured_media":6379,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[18,14,10,4,5],"tags":[629,100,573],"autor":[],"class_list":["post-6589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-about-moldova","category-moldova-explained","category-news","category-political","category-society","tag-draft","tag-parliament","tag-presidentmaiasandu"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Returning to Pension Indexation Once a Year - Ziarul de Gard\u0103<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zdg.md\/en\/pension-indexation-twice-a-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Returning to Pension Indexation Once a Year - Ziarul de Gard\u0103\" \/>\n<meta property=\"og:description\" content=\"Maia Sandu claims that, after the 1% indexation in October 2020, this year in April, pensions would not be indexed at all. &#8220;The transition to the indexation of pensions twice a year, promoted with much pomp by the Socialists in February 2020, continues to hit retirees. 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