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About: Pensions in Romania     Goto   Sponge   NotDistinct   Permalink

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Pensions in Romania come in several varieties. In Romania, old-age pensions (pensie pentru limită de vârstă) are granted to people who have reached the standard retirement age and have completed the minimum period of contribution to the public pension system. Early retirement pensions (pensie anticipată) may be granted, up to 5 years before the standard retirement age, to persons who have completed a contribution period that is at least 8 years longer than the full contribution period. Partial early retirement pensions (pensie anticipată parțială) may be granted up to 5 years before the standard retirement age to persons who have completed the full contribution period, as well as persons who have exceeded the full contribution period by up to 8 years.