www.economica.net/oficial-decizie-majora-pentru-pe

A significant reform in Romania's private pension system is underway, impacting 8.5 million contributors. The ASF has approved a new regulation for pension payment funds, marking a crucial step towards implementing a new payment system expected to start in autumn 2027. This reform introduces a cap on initial withdrawals and establishes special funds for pension payments. Beneficiaries will be able to withdraw a maximum of 30% initially and receive monthly payments equivalent to the minimum pension. The changes are driven by an increasing number of retirees, particularly from the demographic cohort born between 1968 and 1989. The new law aims to ensure a sustainable pension system amid rising demands.