RETIREMENT
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Study: Romania Ranked Among World's Best Places To Retire
Global travel site Big 7 Travel and car comparison specialists EnjoyTravel have jointly conducted a study on the world's best places to retire and found Romania is a top choice.
Survey: Eight in Ten Romanian Employees Mull Working After Retirement
Over six in ten Romanian employees say they do not have a plan to boost their revenues after retirement, such as private pensions or real estate assets, and they are strictly relying on the...
ING Survey: Over 60% of Romanians Expect To Be Working Beyond Retirement Age
Around 54% of Europeans expect to continue working after retirement age, with the highest rates among Romanians and Czechs (63%), according to the ING International Survey Savings 2019 relea...
Study: Romanian Public Pensions System Set To Suffer A “Shock” In 2027-2031
Romania’s public pensions system will face serious difficulties between 2027 and 2031 due to population decline, with the problem to worsen by 2050, according to a study presented on Friday...
ArcelorMittal Galati Launches Pre-Retirement Program To Optimize Workforce
ArcelorMittal Galati’s employees eligible for retirement by the end of 2015 can leave the company early under a pre-retirement program that kicks off Monday, the Romanian unit of the world’s...
Government OKs Bill Setting Retirement Age For Women At 65 Starting 2035
Romania’s Government Wednesday approved a bill whereby women born after December 1970 may retire at the age of 65, similar to men.
Romanians Have EUR1.7B In Private Pension Accounts
The nine mandatory private pension funds (Pillar II) were managing 7.5 billion lei (EUR1.7 billion) at the end of April after RON260 million entered the accounts of the 5.6 million contribut...
Three Quarters Of Public Job Cuts Done By Retirement
Three out of four public sector employees “laid off” over the last three years actually went into retirement. That is how Romania managed to get to 1.2 million employees in this sector, as t...
University Teachers To Retire At The End Of The Academic Year In Which They Turn 65 - Bill
The Romanian Chamber of Deputies on Monday tacitly adopted a bill whereby university teachers will retire at the end of the academic year in which they turn 65.