Pension reform workshop in Moldova

Trade unions of Moldova started building its proposals to develop and to implement reforms of the national pension system by organising an expert workshop on 13 and 14 July with the participantion of the PERC and ETUI experts.

In 2015 the number of pensioners reached 680 thousand people, meanwhile number of working people has decreased due to high immigration. Moreover, many work in informal economy, minimising or avoiding taxes and social contributions. The present pension system is built on solidarity principle and has only one pillar. Pension fund is not sustainable and transfers from the state budget are necessary.The government introduced a concept note and the CNSM would build the trade union input to it.

During two days the participants of the workshop discussed different pension systems in Europe, its adaptability and sustainability, particular attention was put on existing schemes that are built on sectoral collective barganing.