The Senate adopted, on Wednesday, in compliance with the CCR (Constitutional Court of Romania) decision regarding this topic, the draft law on the payment of private pensions, in its initial form, the main regulation being that all persons, including oncological patients, who opt to withdraw money from Pillar 2 - the mandatory privately managed pillar - will initially receive only 30% of the amount, and the rest spread over eight years.
As many as 76 votes were cast "in favour" of the draft, 38 "against" and three abstentions.
On October 15, the Chamber of Deputies adopted the draft as the decision-making legislative forum, but the draft was later challenged with the Constitutional Court.
The CCR established, on November 25, that the modification to the Law on the Payment of Private Pensions by which only persons suffering from oncological diseases can receive 100% of the value of their personal assets in the form of a single payment was discriminatory, as it was not based on objective criteria.
The Senate thus eliminated, according to the CCR decision, the exception regarding patients with oncological diseases, who can no longer benefit from the entire amount through a single withdrawal.
The draft law initiated by the Government creates the legal framework for the authorisation, organisation, operation, supervision and control of private pension providers and private pension payment funds, the approval, operation, supervision and control of credit institutions for carrying out the activity of depositing and custody of the assets of private pension payment funds, respectively the approval of financial auditors, for the activity carried out as auditor of private pension providers and private pension payment funds.
The draft will be debated by the Chamber of Deputies, the decision-making body in this case.
Comentează