Romania labour minister says pensions will increase from January 1, Romania News, English time news

Labour minister Marius Budai confirmed that the public pensions in Romania will increase from January 1, 2023. He did not give a figure but said that the hike would take into account the inflation rate.

"We will know the inflation rate for 2022 only at the end of the first quarter of 2023, and that's why in law 263, the pension law, it is said that the inflation rate for 2021 will be used, which was much lower than now. I don't want to go into the numbers because we won't be doing that. We will not go for a smaller increase," he said at local news channel Antena 3, according to G4media.ro.

"We'll do many simulations to find the best way to do this, and there will certainly be an increase in pensions, as Marcel Ciolacu [the Social Democrat leader] said, from January 1," he added.