Senate adopts new law on private pension payments

Articol de Alina Stănuţă, 30 Septembrie 2025, 02:37
Senators adopted the draft law initiated by the Government on the payment of private pensions in the plenary session. The document received 82 favorable votes from the ruling party parliamentarians, 34 opposition senators voted against; there were also two abstentions.
Patients with oncological diseases can receive, upon request, in a single installment, 100% of the value of the accumulated fund in the 2nd pension pillar. This is the amendment proposed by PNL senator Nicoleta Pauliuc and adopted by parliamentarians.
"We give the opportunity to those who, unfortunately, at a certain point in their lives, receive this oncological diagnosis. Their life is not measured in years, but in days, in months. We give them the opportunity, because we are talking about increasing the quality of life, we also give these people the opportunity to be able to withdraw the entire amount only for oncological treatments, so that they can win this war with this diagnosis", said Nicoleta Pauliuc.
During the debates, both in the Budget Committee and in the Senate plenary, opposition parliamentarians supported the possibility that chronically ill people could also benefit from a single tranche worth 100%, as proposed for oncological patients. Group leader of the AUR senators, Petrisor Peiu.
"We are forced to choose between two very clear political philosophies regarding this law - one that says that the citizen does not have the right to decide what to do with his money and another that says that the state does not have the right to interfere in the decisions of taxpayers. When these privately managed pension funds were formed, Pillar 2, Pillar 3, it was a form of social contract that has functioned until today, in which the people who contributed there had the right to withdraw this money as they wished", considers Petrisor Peiu.
The document initiated by the Government stipulates, among other things, that those who opt to withdraw money from Pillar 2 will initially receive 30% of the amount, and payment for the rest of the money will be staggered over eight years.
The Senate adopted the bill as the first chamber to be notified. The document now goes to the Chamber of Deputies for the decisional vote.
Translated by: Radu Matei