The new Pension Law is detrimental to the employees and other active persons, serving only the interests of the pension recipients for only a short period of time, said Dumitru Costin, the president of the National Trade Union Bloc ( BNS), in a press conference in which he harshly criticized the bill already endorsed by the Senate.

The provisions of the law are not sustainable from a financial point of view, BNS says, according to Cursdeguvernare.ro.

The trade union federation will send, this week, to the European Commissioner for Labor and Social Rights, Nicolas Schmit, a technical analysis of the regulation, indicating all the provisions that are jeopardizing the sustainability of the pension system and are threats to active people.

The 40% increase implied by the draft law that will be debated and voted on November 20 by the Chamber of Deputies, the decision-making forum, has an electoral character and will burden those who are now and those who will enter the labour market in the future, BNS leader Dumitru Costin argued.

iulian@romania-insider.com

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