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The rush for certificates for extra money in retirement.  What amounts are taken into account in the new pension law

The rush for certificates for extra money in retirement. What amounts are taken into account in the new pension law

March 18, 2024

Bombarded with information about the recalculation of pensions and the granting of monetary rights under the law that comes into force on September 1, 2024, pensioners stormed the retirement homes. Some of the documents they present are already in the file.

Pensioners storm the Pension House for information or to submit documents PHOTO: AM

There is a lot of commotion at the territorial pension houses during this period, pensioners – who learned from the media that certain amounts they contributed and which were not taken into account at the new pension law could be capitalized determining the amount of the pension – coming in waves either to ask what documents they can bring, or to find out if they still need to bring other documents for recalculation.

The situations differ from one applicant to another, but most of the pensioners, say the representatives of the Olt County Pension House, already have the documents on file that will be used under the new law.

Pension House: the amount of the pension will not decrease

The evaluation of pensions started a long time ago, from each file the documents that will be valued according to the provisions of the new pension law (Law no. 360/2023) being registered in a database that will form the basis of the recalculation.

“In accordance with the provisions of art. 144 paragraph 1 of Law no. 360/2023, on the date of entry into force of this law, i.e. on September 1, 2024, the pensions established on the basis of the previous legislation become pensions within the meaning of this law and are recalculated by multiplying the total number of points achieved by the value of the reference point, with the exception of pensions established in the former pension system and other social insurance rights of farmers prior to April 1, 2001”. say the representatives of the Olt County Pension House.

If, as a result of the recalculation process, the amount of the pension is lower than the one in payment or due, the pension is paid in the amount established and in payment prior to the recalculation, until the date when a pension amount greater than this will be obtained as a result of the increase in the value of the reference point, CJP Olt also specifies.

Pensions are automatically recalculated within 6 months

What pensioners should know is that if they registered after 2001 amounts deposited in the salary fund and for which the contribution to the state social insurance was paid, it is not necessary to submit additional documents, because the records exist at the Pension House.

Even for amounts with which pensioners contributed before 2001, most submitted such documents to the pension file, although they were not valued according to the law still in force. If these certificates already submitted meet the conditions of validity and legality, they will be taken into account in the recalculation that is carried out ex officio within 6 months from the entry into force of the new law.

The list of amounts that will be capitalized on the new law

If these documents have not already been submitted, it should be noted that those contributions must be proven by a certificate drawn up according to the model provided in annex no. 6 to the law (see photo).

The standard certificate that must be completed for the amounts not taken into account according to the current law

The standard certificate that must be completed for the amounts not taken into account according to the current law

Here it is list of amounts which will be taken into account, according to the new law, when determining the monthly scores:

• forms of remuneration in agreement or by the piece, in directing or after time, based on rates or percentages;

• annual awards and awards given during the year for special achievements;

• rewards of a limited nature, granted to personnel from some sectors of activity;

• the thirteenth salary;

• forms of remuneration for “overtime” worked over normal working hours;

• the increase granted for teaching staff who guide the psycho-pedagogical practice and who ensure the specialized training of teachers and educators;

• irregular work allowances;

• other increases that were not permanent for which the social insurance contribution was due.

Pensioners who have not yet submitted these certificates can still submit them.

“In order to create the database, pensioners of the public pension system can present to the territorial pension house certificates issued by the employing unit or by the legal holder of the archive, certifying the monthly income, gross or net, as the case may be, for the previous periods of April 1, 2001″, CJP Olt representatives sent.

“For pensioners who have the certificates on file, on the other hand, it is no longer necessary to present another certificate unless the one on file is incomplete. Certificates that were issued before the entry into force of the new law are valid, if they comply with the substance and form provided by the legislation at the time of issuance. The rights recalculated following the addition of non-permanent increments are granted from the date of entry into force of this law”, CJP Olt representatives also specified.

Until the middle of March 2024, at the Olt County Pension House, a number of 85,339 files were evaluated, out of the total number of 91,713 pending in the state sector. The assessment involves the identification of the periods of contributory contributions, the periods of assimilated contributions and the periods of non-contributory contributions capitalized when establishing/recalculating pension rights due or in payment on August 31, 2024, respectively the creation of a database that includes monthly incomes, gross or net, as the case may be, made prior to April 1, 2001 which, according to the legal provisions in force on the date of establishment/recalculation of pension rights, were not capitalized/are not capitalized when calculating pension rights due or pending.

Although the most frequent question is “How much will the pension be?”, pensioners cannot receive this answer until the decisions on the new law are issued.

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Adrian Stoica

Adrian Stoica

Adrian is the founder and the visionary behind Cluj Napoca, a media platform committed to capturing and sharing the vibrant stories of Cluj-Napoca and Romania with an international audience. A graduate in international journalism from the University of Bucharest and holder of a Master’s in Cultural Studies from Babes-Bolyai University in Cluj-Napoca, Adrian has a robust educational background that equips him to understand and analyze the complexities of his native region's culture and history.

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