Labor Ministry receives most of the money from the budget correction

Newsroom 29/07/2016 | 17:08

The Labor Ministry receives most of the money from the budget correction from this year, which means that RON 2.8 billion will be allocated for social assistance, according to a release of the Public Finance Ministry.

Out of  RON 2.8 billion, RON 1.4 billion are allocated to the entire payment of social assistance rights (indemnity for raising children, social aids, state grants for children, indemnity for people with disabilities) and RON 1.42 billion represent the grants balance for the state social insurance budget.

The minimum limit for the indemnity for rising children grew from July 1 to 85 percent out of the gross minimum salary from Romania, meaning RON 1,063 (the minimum salary is RON 1,250), compared with RON 600 and the persons that chose a maternity leave to one year can return to benefit from an extended period of two years. The maximum limit for indemnity was eliminated, being calculated as 85 percent from the net incomes.

Georgiana Bendre

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue