13:57, 17.07.2008 Romania Could Move Up Planned Pension Hikes On Social Insurance Budget Surplus - Labor Min

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BUCHAREST / 13:57, 17.07.2008 Romania could use its first-half social insurance budget surplus, which nears EUR150 million, to move up planned pension increases, labor minister Paul Pacuraru told MEDIAFAX Thursday.

Pacuraru added experts within the ministry are working to find solutions to allow pension increases before Jan 2009. The government increased pensions 30% on Nov 2007 when the value of the pension point increased to 541 lei (EUR1=RON3.5705) fromRON416.A the pension point was further...

Read the whole story in: Mediafax