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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

RO Constitutional Court defers ruling on special pension taxation

Romania's Constitutional Court (CCR) postponed for November 4 its decision on the law that introduces extra taxes on special pensions higher than RON 7,000, sources from CCR said.

Under the law, the so-called "special pensions," namely those not based on recipients' previous contributions, would be levied an 85% tax rate for the sums that exceed the RON 7,000 (EUR 1,440) threshold.

Cutting the "special pensions" proves to be an impossible mission, legally speaking, but a very lucrative topic for the political parties given the generally low level of the regular pensions in Romania and the early retirement age of those who receive such special pensions (magistrates, military staff, intelligence service staff).

Ombudsman Renate Weber and the High Court of Cassation and Justice both submitted objections to the law.

High Court judges are entitled to special pensions, and so are the Constitutional Court's members.

It is the second postponement of this case, the first debate taking place on July 14.

In a statement for G4Media.ro, Renate Weber explained then that she made this approach to the Court because she considers that the beneficiaries of special pensions are discriminated against.

The Chamber of Deputies passed on June 17, as a decision-making body, the law that provides for the taxation of all special pensions above RON 7,000.

(Photo: Octav Ganea/ Inquam Photos)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

RO Constitutional Court defers ruling on special pension taxation

Romania's Constitutional Court (CCR) postponed for November 4 its decision on the law that introduces extra taxes on special pensions higher than RON 7,000, sources from CCR said.

Under the law, the so-called "special pensions," namely those not based on recipients' previous contributions, would be levied an 85% tax rate for the sums that exceed the RON 7,000 (EUR 1,440) threshold.

Cutting the "special pensions" proves to be an impossible mission, legally speaking, but a very lucrative topic for the political parties given the generally low level of the regular pensions in Romania and the early retirement age of those who receive such special pensions (magistrates, military staff, intelligence service staff).

Ombudsman Renate Weber and the High Court of Cassation and Justice both submitted objections to the law.

High Court judges are entitled to special pensions, and so are the Constitutional Court's members.

It is the second postponement of this case, the first debate taking place on July 14.

In a statement for G4Media.ro, Renate Weber explained then that she made this approach to the Court because she considers that the beneficiaries of special pensions are discriminated against.

The Chamber of Deputies passed on June 17, as a decision-making body, the law that provides for the taxation of all special pensions above RON 7,000.

(Photo: Octav Ganea/ Inquam Photos)

andrei@romania-insider.com

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